The Daily Show with Jon Stewart

International Banking Actuality Part 37 - Libor Fallout

Season 17 • 07/18/2012

A lack of oversight leads to Libor interest rate manipulation among the world's major banks.

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International Banking Actuality Part 37
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Banks submit false data to manipulate the Libor interest rate, either for the good of the entire economy and all of mankind, or possibly to just benefit themselves.
07/18/2012
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International Banking Actuality Part 37 - Libor Fallout
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Banking titans Rich Ricci and Bob Diamond are implicated in the Libor financial scandal, but an eighth-generation Hoare remains innocent of the rampant rate rigging.
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