View Single Post
Old 10-09-2012, 09:02 AM
stompk's Avatar
stompk stompk is offline
I work for God
Join Date: Jan 2008
Location: In the valley
Posts: 609
Default Re: LIBOR - An Explanation About The $800 Trillion Scam

The Libor bid-rigging scandal is poised to more than double the losses suffered by U.S. states and localities that bought $500 billion in interest-rate swaps before the financial crisis.

The muni bond issuers are having trouble admitting they gambled with other peoples money, and still get paid back for the LIBOR scam.
Perform random acts of kindness on strangers who are in need.
Reply With Quote