Matt Taibbi & Eliot Spitzer On ‘Cartel-Style Corruption’ Behind Libor Scam: ‘The Mob Learned From Wall Street’ (Video)
This is a very complex topic, as admitted by the parties in this interview. I had not even heard about LIBOR till a few years ago…which is probably how such organizations like it …..POWER in the SHADOWS.
As Matt Taibbi states or implies….this is HUGE..it is literally the Bedrock of Global Banking…100’s of TRILLIONS of dollars involved…yet sinking in quicksand .
My own working definition is that our economies are based mainly on shuffling paper and little real value or tangible products is created. These Bankster Gangsters have free rein to manipulate the system, cash out, and not even get a slap on the wrists.
This may be their last milking before the financial slaughter, which , like the 2008 Global Meltdown….we will see HUGE debt racked up again via another round of financial fraud and cover-up , but one far greater than the last one
Stay Tuned….ultimately this will UNravel very soon and affect the masses on a global scale.