Matt Taibbi on Libor, Cartel-Style Finance & How Failure to Fix Wall St. Has Propelled Trump's Rise
August 9, 2016
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4:31Now PlayingMatt Taibbi on Libor, Cartel-Style Finance & How Failure to Fix Wall St. Has Propelled Trump's Rise
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as posted by the channelIn financial news, British banking giant Barclays Bank has agreed to pay $100 million in a settlement with 44 U.S. states for rigging Libor, the interest rate which underpins trillions in global transactions. British and U.S. authorities have taken action against a number of banks over alleged rate manipulation since 2012. This was the first settlement between a bank and U.S. states. For more, we speak with Rolling Stone journalist Matt Taibbi, who has closely covered the Libor scandal.
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