Financial security

CRIMINAL BANKS ENLIST GOP LEGISLATORS TO DRIVE GETAWAY CAR FOR NEXT HEIST

Since 2009 the biggest banks in the U.S. and Europe have paid more than $160 billion—BILLION—to settle rap sheets that include rigging interest rates, manipulating currencies, selling bogus insurance, evading taxes, knowingly packaging and misrepresenting mortgages, and other sins against their customers and the public generally.
As I write this (May 25) the first of a platoon of financial traders is going on trial in London for manipulating the LIBOR interest rate (London Interbank Offered Rate) used to price $350 Trillion---TRILLION---in mortgages, securities, student loans, credit cards and other instruments.