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News From Stirring Trouble Internationally
Life in the UK News, politics, humour and satire. Living in America and lets be Cynical.
Curated by Jim Bob
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Senior British banker pleads guilty to fixing market rates in legal first

Senior British banker pleads guilty to fixing market rates in legal first | News From Stirring Trouble Internationally | Scoop.it
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
Jim Bob's insight:

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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Jason Robo's curator insight, October 7, 8:00 PM

Just some mainstream evidence of the not-so-free market

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Explaining What The Eurozone Debt Crisis Is Really All About

Explaining What The Eurozone Debt Crisis Is Really All About | News From Stirring Trouble Internationally | Scoop.it
Taking a cynical glance at that debt crisis in Europe.
Jim Bob's insight:

The Eurozone came to be, insisting that it’s all about ordinary people getting used to living ‘beyond their means’ and governments ‘forced’ into borrowing to fund welfare and the public sector.

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