LIBOR fraud

When the LIBOR fraud was exposed, one reaction was that no action could be taken “because all they’d been asked was what rate they thought they could borrow at”.   That’s not the view of the Serious Fraud Office.

http://www.guardian.co.uk/business/2013/jun/18/former-ubs-citigroup-trader-charged-libor

Advertisements

One comment

  1. Pingback: UK Minister Exposes The Banking Fraud – Roger M. |