Abigail Field | The Lying Bankers and Their Government Enablers

The Lying Bankers and Their Government Enablers

The “LIBOR scandal”, which really should be called the “Lying Bankers scandal”, is more than simply the newest example of bankers systematically stealing from everyone else. In its scale, simplicity, and government complicity the Lying Bankers scandal is perhaps the purest distillation of all that’s gone wrong with our financial system and the government that’s supposed to police it.

The Lying Bankers scandal also offers the clearest opportunity to send bankers to jail. Opportunities, of course, are not outcomes. No one should be sanguine that even this exquisitely clear showcase of banker illegality will necessarily produce meaningful law enforcement. Signs out of Britain are sort of hopeful.

The Lying Bankers scandal in a nutshell: All the biggest banks (allegedly) conspired to manipulate the interest rate underlying trillions of dollars of complex investments and public perceptions of bank health, to increase personal and corporate profits. And governments looked the other way.

Rest here…



3 Responses to “Abigail Field | The Lying Bankers and Their Government Enablers”
  1. Lynn stringas says:

    Judges too!! It is all a joke! End of story!

    • Penni says:

      It is this type of mind set that they are desiring…would you give them what they desire???? I won’t, I cannot say I don’t have my moments, but moments are all we have to get to the next one & the next. don’t EVER stop fighting, don’t EVER stop resisting…you are not corrupt…they are, they may be on top for awhile, but that doesn’t mean you are beneath them, you will either choose to become dismayed & apathetic, or you will get pissed on enough to change whatever you can, in any you can, at any time you can. Stay strong, you are not alone in this…WE ARE MILLIONS….;-) Penni

  2. Bobbi Swann says:

    When will everyone realize that the governments are in on the scheme as they are literally ‘owned’ by the banksters? If anyone did not watch the movie “Thrive” from thrivemovement.com they need to see it in black and white. This was done by a person of the 99%, realizing just how hungry and powerful the elite have become and what their ultimate agenda is about. We cannot count on our government to nulify this stream of power that is invading our system. Only the people with a will to fight will endure and produce a result.

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