LIBOR: what do you know about this scandal?

[Rat in the Hat]

you dont what the president of the united states to be leader of the free world?

If Obamoney was really the leader of the free world, he would teach you about proper spelling, sentence structure, capitalization, and punctuation.

Why do you hate apostrophes???

 

[Paulie]

Nope. Can't say I give a shit what they are doing in London.

LIBOR isn't just something going on in London. Most mainstream currencies in the world, and the business that is done with them in each respective country, is tied to LIBOR.

Most mainstream currencies are tied together in some way all over the world. obama is really not going to regulate LIBOR.

Yeah, but interbank interest rates in those countries are tied to LIBOR, so it's kind of ridiculous to be dismissing this as nothing just because somehow, someway, it might relate to Obama. This isn't about Obama anyway, it's about banks getting over YET AGAIN.

 

[hortysir]

you dont what the president of the united states to be leader of the free world?

If Obamoney was really the leader of the free world, he would teach you about proper spelling, sentence structure, capitalization, and punctuation.

Why do you hate apostrophes???

It must be the Shift key she hates.
Capital letters are rare too!

 

[Katzndogz]

LIBOR isn't just something going on in London. Most mainstream currencies in the world, and the business that is done with them in each respective country, is tied to LIBOR.

Most mainstream currencies are tied together in some way all over the world. obama is really not going to regulate LIBOR.

Yeah, but interbank interest rates in those countries are tied to LIBOR, so it's kind of ridiculous to be dismissing this as nothing just because somehow, someway, it might relate to Obama. This isn't about Obama anyway, it's about banks getting over YET AGAIN.

It does more than tangenitally relate to obama. Tim (Turbo Tax) Geithner was in on the rate fixing from the beginning. No matter how bad something is, in another country we don't have any say in what they do. However when our federal regulators give advice on covering it up, that makes it our concern.

Geithner Libor Memo Expressed Concern Over Rate's 'Integrity' In 2008

 

[Toro]

Here are a couple of articles for TM

Libor affair shows banking’s big conceit - FT.com
Libor scandal: In depth news, commentary and analysis from the Financial Times

 

[bobcollum]

[ame=http://www.youtube.com/watch?v=fcyX6Hlqldk]Kucinich Explains "LIBOR" - YouTube[/ame]

 

[California Girl]

Nope. Can't say I give a shit what they are doing in London.

You actually should, it's a global issue. And it is not pretty.

 

[California Girl]

Not one of the echo chamber who so loudly attack TM for this thread have offered anything of substance related to the issue. Calling her stupid, acting as if this issue is not one of importance and failing to understand/acknowledge that Banking is an international business are disgusting.

because it's her thread, her burden of proof and the only link she has provided is a Wiki link several posts later.

She asked a question and we answered it.

Though, she has failed in answering anyone else's questions.

Go kiss somebody else's ass

No 'we' didn't. If by "we" you mean the echo chamber, all they did was attack the messenger.

Have anything else in your mind (other than to accuse me of ass kicking? No? Well, have a nice day, don't think too much, remember what the Bush said, "it's hard work")

TM has - yet again - consistently avoided any actual debate regarding the thread she started. I doubt she understands what LIBOR is, yet alone be able to explain it to anyone else. There is no substance to 'attack', hence people mock the messenger. It's not anyone else's fault that she's a fucking moron. The blame is entirely hers.

 

[Paulie]

Most mainstream currencies are tied together in some way all over the world. obama is really not going to regulate LIBOR.

Yeah, but interbank interest rates in those countries are tied to LIBOR, so it's kind of ridiculous to be dismissing this as nothing just because somehow, someway, it might relate to Obama. This isn't about Obama anyway, it's about banks getting over YET AGAIN.

It does more than tangenitally relate to obama. Tim (Turbo Tax) Geithner was in on the rate fixing from the beginning. No matter how bad something is, in another country we don't have any say in what they do. However when our federal regulators give advice on covering it up, that makes it our concern.

Geithner Libor Memo Expressed Concern Over Rate's 'Integrity' In 2008

Kind of ironic that a neo con would suggest that we have no say in what another country does.