Press TV-On the edge with Max Keiser-Max Keiser talking to Paul Craig Roberts-07-16-2010(Part2)

Press TV-On the edge with Max Keiser-Max Keiser talking to Paul Craig Roberts-07-16-2010(Part2) On the Edge with Max Keiser: Libor rigging crime In this edition of the show Max interviews Ed Harrison from CreditWritedowns.com. He talks about the British lender Barclays' manipulation of Libor, a measur…

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The Real Libor Scandal ~Paul Craig Roberts and Nomi Prins

According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (UK central bank) at a low rate in order to obtain a cheap borrowing cost. The way this scandal is playing out is that the banks benefitted from borrowing at these low rates. Whereas this is true, it also…

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