Libor
Why Barclays Leaving Africa Says More About the Bank Than the Continent’s Economy
The UK bank has confirmed that it plans to pull its business out of Africa, leaving many to wonder about the future of economic investment on the continent.
The Trial of 'Tommy Chocolate,' the First Trader Convicted of Rigging Interest Rates
Finally someone got prison time for destroying the worldwide financial system—but that doesn't mean anyone's fixed it.
Let's Send the Libor Rate-Riggers to Jail
Judgment day has finally come for all of the bankers who’ve been manipulating Libor bank-lending rates for their own personal gain over the course of the past few years. The United Kingdom’s Financial Services Authority recently released a full report...
Lie-bor: Could the Biggest Scam in History Maybe Destroy Wall Street?
It's sort of sad that the biggest banking scandal ever, one that makes that whole Madoff deal seem downright amateurish, feels so utterly predictable. We now know that Barclays, along with other major global banks, have been rigging the calculation of...