May 14, 2013
"Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world's largest banks may be fixing the prices of, well, just about everything."*
The Libor bank scandal has nothing on the newest interest rate swap manipulation scheme where bankers are going completely unchecked. This is a $379 trillion market-- why are bankers allowed to manipulate it without restraint? Cenk Uygur breaks it down.
