All Videos Tagged Mega (True Skool Network) - True Skool Network2024-05-17T20:13:53Zhttps://trueskool.com/video/video/listTagged?tag=Mega&rss=yes&xn_auth=noEliot Spitzer speaks to Matt Taibbi (Rolling Stone) on LIBOR Mega Bank Scandal (Total Corruption)tag:trueskool.com,2012-07-09:1464587:Video:1263782012-07-09T18:37:12.607ZRen the Vinyl Archaeologisthttps://trueskool.com/profile/xh51jvilojur
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</a> <br></br>Viewpoint host, Eliot Spitzer, Matt Taibbi, Rolling Stone contributing editor, and Dennis Kelleher, president and CEO of Better Markets, analyze the Libor interest rate--rigging scandal engulfing the banking industry.<br></br>
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Barclays CEO Bob Diamond recently resigned after the bank was fined $453 million for its part in the scandal, which…
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</a><br />Viewpoint host, Eliot Spitzer, Matt Taibbi, Rolling Stone contributing editor, and Dennis Kelleher, president and CEO of Better Markets, analyze the Libor interest rate--rigging scandal engulfing the banking industry.<br />
<br />
Barclays CEO Bob Diamond recently resigned after the bank was fined $453 million for its part in the scandal, which involved manipulating the London Interbank Offered Rate (Libor), a key global benchmark for interest rates, by essentially "faking their credit scores," according to Taibbi. And as Taibbi explains, Barclays couldn't have acted alone.<br />
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"It can't just be Barclays and the Royal Bank of Scotland. In fact, it can't even be four banks or even five banks," he says. "Really, in the end it's probably going to come out that it's going to be all of them ... involved in this. And that's what's critical for people to understand: that this is a cartel-style corruption."<br />
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Kelleher argues that the Libor scandal is proof that the financial industry "is corrupt and rotten to its core." "The same executives [using] the same business model that crashed the entire financial system in '08 are still running these banks," he says.<br />
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'The mob learned from Wall Street': Eliot Spitzer on the 'cartel-style corruption' behind Libor scam<br />
<a href="http://current.com/shows/viewpoint/videos/the-mob-learned-from-wall-street-eliot-spitzer-on-the-cartel-style-corruption-behind-libor-scam/">http://current.com/shows/viewpoint/videos/the-mob-learned-from-wall-street-eliot-spitzer-on-the-cartel-style-corruption-behind-libor-scam/</a> Kush Arora - Spanish Street Riddim Megamix feat Lady Chann, Mega Banton, and many moretag:trueskool.com,2011-10-04:1464587:Video:1029192011-10-04T23:04:29.768ZRen the Vinyl Archaeologisthttps://trueskool.com/profile/xh51jvilojur
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</a> <br></br>KUSH ARORA - SPANISH STREET RIDDIM Top Billin on 8/26/2011 <a href="http://topbillinmusic.com/2011/07/29/spanish-street-riddim/">http://topbillinmusic.com/2011/07/29/spanish-street-riddim/</a> Wid Dem feat. Lady Chann Shake Sitten…
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</a><br />KUSH ARORA - SPANISH STREET RIDDIM Top Billin on 8/26/2011 <a href="http://topbillinmusic.com/2011/07/29/spanish-street-riddim/">http://topbillinmusic.com/2011/07/29/spanish-street-riddim/</a> Wid Dem feat. Lady Chann Shake Sitten ...