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Its sort of similar to the outcome here too - http://en.wikipedia.org/wiki/Libor_scandal http://en.wikipedia.org/wiki/Libor_scandal - a bunch of investigations,
by damian2000 13y ago
Its sort of similar to the outcome here too - http://en.wikipedia.org/wiki/Libor_scandal http://en.wikipedia.org/wiki/Libor_scandal - a bunch of investigations, banks being fined, new regulations put in place, but noone has gone to prison.
- dnautics 13y agoThe LIBOR scandal is rediculous. It's a private entity that can say whatever the hell it wants. The real scandal is that governments decided to put so much trust in a single private entity to "get things right". Or maybe there's a scandal that governments care at all. Why should a government care what the interest rates are?