Libor

Too Big To Fail, Too Big To Jail? That Means Too Big To Exist

I am really excited that the long overdue battle over immigration reform and a path to citizenship has finally begun in earnest. While I am heartsick at the reason, it is good news that common sense gun safety laws are once again being discussed in

UBS Will Pay $1.5B Fraud Fine

Swiss bank UBS said Wednesday it will pay a $1.5 billion fraud fine for orchestrating the manipulation of benchmark interest rates in the U.S., Europe, and Asia. Last week, British bank HSBC agreed to pay $1.92 billion -- the largest bank

A Quick & Dirty Explanation Of The LIBOR Banking Scandal

This is your Moment of Clarity #154: As most of you know, the LIBOR banking scandal is rocking the world. Here's the quickest and easiest explanation you'll find anywhere. And only three minutes long! Keep Fighting, -Lee

Eliot Spitzer: 'The Mob Learned From Wall Street'

"The mob learned from Wall Street," comments Eliot Spitzer on the "cartel-style corruption" behind the Libor scam. On Current TV's "Viewpoint" recently, host Eliot Spitzer, Matt Taibbi, Rolling Stone contributing editor, and