The most egregious criminal financial fraud of all time is now unfolding before our eyes. A handful of corrupt banks have been intentionally manipulating global interest rates, also known as LIBOR, which stands for London Interbank Offered Rate. When it is not being illegally twisted by bankers for their own monetary gain, LIBOR is meant to gauge the average interest rate that banks charge each other to borrow money. The measure is also used as the basis for nearly all other lending rates, from what we pay for student loans to home mortgages
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