Libor: The Biggest Financial Scam In World History
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Professor of economics and law Bill Black notes: It is the largest rigging of prices in the history of the world by many orders of magnitude.
Assange charges are hilarious, says Ecuador: Ecuador's foreign minister has said that rape and sexual assault cases lodged in Sweden against Julian Assange are laughable, but no ruling has yet been made on the WikiLeaks founder's asylum application.
Ex-Argentine dictators jailed for baby thefts: Three key figures from Argentina's "Dirty War" got hefty jail terms for the systematic theft of babies from political prisoners during the 1976-1983 dictatorship, an Argentine court ruled on Thursday.
This may send Wall Streeters to prison: The esoteric practice of banks “fixing” the price of the London Interbank Offered Rate (more on Libor in a bit) may have heads rolling — and hard time being served — unlike “sexier” bubble-era improprieties like selling toxic debt to the unsuspecting.
Countrywide used VIP program to sway Congress: report:A VIP mortgage program run by now-defunct Countrywide Financial Corp was used to influence lawmakers with the aim of killing legislation that could hurt the company's profits, a congressional report released on Thursday said.
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