Showing posts with label international fraud. Show all posts
Showing posts with label international fraud. Show all posts

Tuesday, September 24, 2013

Libor Rate Manipulation Video. How does it work?

The video discusses the libor rate, how it is conducted and how it could be manipulated. It can impact everything from student loans to house rates. The video can provide an explanation of how international banking works. If nothing else one should take the lesson of ethics from this situation and how ethics is in the benefit of everyone.