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This May Send Wall Streeters to Prison

Posted by Charles Gasparino, New York Post On July - 5 - 2012 News Politics
Charles Gasparino, New York Post
With the four-year anniversary of the financial crisis approaching, Wall Street thought it had dodged a bullet. Now comes the Libor scandal.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.

Read Entire Story: RealClearPolitics - Homepage

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