EnviroLink Forum

And it was done by the banks! In regards to the latest libor rate tampering scam where the only fine levied out so far has been a paltry $453 million from Barclays, one of many banks to have participated. If they can get comparative small fines for perpetuating these frauds, they'll continue to do it.

At $100/month per family X about 100 million families = $10 billion stolen per month in the United States alone!


As the investigation into the LIBOR interest rate-rigging in the United Kingdom becomes a financial scandal of tsunami-like proportions, some analysts are openly wondering whether 16 of the world's largest banks have perpetrated the biggest fraud in history.
With the public coming round to the global significance of banks potentially colluding like a cartel to favourably set the LIBOR, those same analysts predict lawsuits worth tens of billions being brought against the Western world's largest financial institutions by average consumers.
Early analysis suggests that for a period of several years before and after the 2008 financial crisis, the London interbank offered rate (LIBOR) was manipulated to such an extent that a family with a $100,000 mortgage would have been $50 to $100 worse off a month because of the fixing.

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I can have oodles of charm....... when I want to.

So: a bunch of really, really rich people got together and got even richer at the expense of really poorer people.

They seem to be getting really good at that....

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With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

Ah, I see. So that is something that you all just have a general apathy towards. Sorry to bother you and I'll not be posting any further posts of this sort.

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I can have oodles of charm....... when I want to.

Thanx, Siber.
How's the neck doing?

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

_________________
I can have oodles of charm....... when I want to.

_________________
I can have oodles of charm....... when I want to.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

At least your major body sections haven't begun moving about without premission. I hate when that happens....

_________________
I can have oodles of charm....... when I want to.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

_________________
I can have oodles of charm....... when I want to.

_________________
I can have oodles of charm....... when I want to.