Senior British banker pleads guilty to fixing market rates in legal first

A senior banker at a leading British bank has pleaded guilty to conspiracy to defraud in connection with the manipulation of Libor benchmark interest rates, becoming the first person in Britain to ple


Some of the old timers of banking have been contributing to the banking system still behind the scenes. This article over on Voice of Russia reveals some interesting strategies used by banks like Libor. This sort of help is getting a lot of people in trouble, read the article in full to find out why.

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