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Anyone ever heard about the $300 Trillion LIBOR Scandal? Anyone ever heard about the $300 Trillion LIBOR Scandal?
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Old 02-19-2013, 10:30 AM   #1
Heath
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Anyone ever heard about the $300 Trillion LIBOR Scandal?
Look it up. pretty wild stuff. I can see why the mainstream media isn't all over this one. To many connections.

http://en.wikipedia.org/wiki/Libor_scandal

http://www.bloomberg.com/news/2013-0...benchmark.html

http://www.ft.com/indepth/libor-scandal
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Old 02-19-2013, 10:31 AM   #2
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yea been going on for some time

why everyone is connecting fathers with those shooting scandals with it
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Old 02-19-2013, 10:32 AM   #3
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It would be covered more if it used a logical number. $300 trillion isn't even in existence in the world economy. So it looks more like a cooked up story for kooks rather than something legitimate.
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Old 02-19-2013, 11:11 AM   #4
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It would be covered more if it used a logical number. $300 trillion isn't even in existence in the world economy. So it looks more like a cooked up story for kooks rather than something legitimate.
"Libor underpins approximately $350 trillion in derivatives."

Underpins derivatives
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Old 02-19-2013, 11:16 AM   #5
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It would be covered more if it used a logical number. $300 trillion isn't even in existence in the world economy. So it looks more like a cooked up story for kooks rather than something legitimate.
i wanna make money off of imaginary money
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Old 02-19-2013, 11:19 AM   #6
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Look it up. pretty wild stuff. I can see why the mainstream media isn't all over this one. To many connections.
Stop spending all your time watching US news; this has been news for many months. Heads have been rolling for a while now.
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Old 02-19-2013, 11:23 AM   #7
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it's been on the news over here all the time - even today

http://www.spiegel.de/wirtschaft/unt...-a-884083.html
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Old 02-19-2013, 11:33 AM   #8
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it's been on the news over here all the time - even today

http://www.spiegel.de/wirtschaft/unt...-a-884083.html
that's really interesting.. literally no coverage about it over here
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Old 02-19-2013, 11:35 AM   #9
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This is old news people....
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Old 02-19-2013, 12:13 PM   #10
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that's really interesting.. literally no coverage about it over here
Not true. I am "over here" and I have known about it for quite a while.
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Old 02-19-2013, 12:39 PM   #11
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Not true. I am "over here" and I have known about it for quite a while.
i have as well.

however we're not 'normal' when it comes to news or information.. right?
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Old 02-19-2013, 12:47 PM   #12
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i have as well.

however we're not 'normal' when it comes to news or information.. right?
It's not like news of that ilk is hard to find, anywhere in the world. It's just a matter of having a professional or personal interest in knowing about that type of news.



.
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Old 02-19-2013, 12:49 PM   #13
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Stop spending all your time watching US news; this has been news for many months. Heads have been rolling for a while now.
I've known about this for months. I learned a longgggggg time ago our US news gave up on actual journalism years ago.

Was just curious why it seems to be such a little amount of people who have even heard of it before.

So I posted it
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Old 02-19-2013, 12:58 PM   #14
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It's not like news of that ilk is hard to find, anywhere in the world. It's just a matter of having a professional or personal interest in knowing about that type of news.



.
it takes professional or personal interest to expect to see at least weekly updates of the biggest banking scandal in.. how long?

A german newspaper is spanking high level bankers

what has our newspapers said about it?
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Old 02-19-2013, 01:06 PM   #15
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Bankers.. Shoot them all..

It's what they should do..
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Old 02-19-2013, 01:40 PM   #16
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i believe the actual lawsuit is for 47 trillion$$$$ it's old news anywhere. they killed the guys family that broke the story....
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Old 02-19-2013, 02:06 PM   #17
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It's not like news of that ilk is hard to find, anywhere in the world. It's just a matter of having a professional or personal interest in knowing about that type of news.



.
Missing the point.

He made the observation that is not mentioned in the *news*. It is not mentioned in any mainstream news here either.

So yes, it is interesting that a mainstream news source mentions it.
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Old 02-19-2013, 07:22 PM   #18
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Missing the point.

He made the observation that is not mentioned in the *news*. It is not mentioned in any mainstream news here either.

So yes, it is interesting that a mainstream news source mentions it.
Exactly. I've known about this for a while, and I've kept checking different news stations, different online mainstream news sites, I can barely find anything aside from a very very small number of them... Its disturbing.
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Old 02-19-2013, 07:28 PM   #19
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It could be said that WW3 was a financial fraud war.
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Old 02-19-2013, 08:21 PM   #20
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It could be said that WW3 was a financial fraud war.
Well said. The fraudsters won't stop because they know the worst that will happen is the company pays a fine.

It's good to be da king.
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Old 02-19-2013, 08:25 PM   #21
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Libor nutters
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Old 02-19-2013, 08:26 PM   #22
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seriously? i like poo man
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