Discussion in 'Politics' started by OnClose, Jul 24, 2012.
It's a nice headline to sell news, but I'm not naive enough to think that both parties don't do extensive fundraising amongst the banking elite. I'm also betting that there were only a few of the large banks who weren't involved in the scandal.
FWIW, I'm also not naive enough to think that this is only a European phenomenon and that rate manipulation doesn't happen in the US.
And O's biggest Wall Street fundraiser is the disgraced Corzine. What else is new in this bullshit "left vs right" war of attrition?
Of course it does. The Fed has even reluctantly admitted it knew about the LIBOR issue.
Yep, Geithner admitted that he knew but did nothing.
Corzine's status as an Obama fundraiser seems to have kept him out of jail. I guess Eric Holder does what he is told to do.
The NY Fed was getting emails regarding possible LIBOR fixing as early as 28 August 2007 so I imagine Timmy was not alone.
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