MSN.com - 7/18/13, Press Association
Barclays has been fined by US regulators
Barclays and four of its traders have been fined 453 million dollars (£300 million) by United States regulators for manipulating power prices.
FERC said it found a trail of emails and instant messages that revealed the power price rigging.
More: MSN.com
Comments
This is where spying on emails is very lucrative.
That huge spy and data mining infrastructure that we have all heard about has hit pay dirt. Now I know they say that it's not about the money, but they also said they wouldn't spy on us either. "Just one more bank job and I swear that will be it." LOL
Good point, Ron!
Good insight! Thanks for sharing.
~ namaste