"Politicians in both London and Washington are questioning whether regulators allowed banks to report false rates in the run-up to the 2008 financial crisis and afterward. On Monday, Congress stepped into the fray, requesting information about the role of the Federal Reserve Bank of New York, according to people close to the matter. The Senate Banking Committee on Tuesday also announced it was looking into the issue."
ZT: Bank Scandal Turns Spotlight to Regulators 7/10/2012 10:36
Timmy and Big Ben are one step closer to prison.
xiaoqiang at 7/10/2012 10:37
|Timmy and Big Ben are one step closer to prison.|
They are the foundation of our future welfare state. Tell you the truth, we can't live without their 'fix' to our finanical system.
Bono at 7/10/2012 21:41