Perdido 03

Perdido 03

Tuesday, July 17, 2012

Bernanke Cannot Guarantee Reliability Of LIBOR Rate

Federal Reserve Chairman Ben Bernanke just admitted in testimony before the Senate that he cannot guarantee the reliability of LIBOR and avoided answering whether U.S. banks are implicated in the rate fixing but did say "two US banks' have been asked to submit detailed information into the ongoing US inquiry into Libor."

Which is a roundabout way of saying "Of course U.S. banks are implicated in the LIBOR fixing scandal!"

It's all rigged.

All of it.



    With corruption this pervasive...can you believe these same criminals when they explain 9/11 to you...? Instead of reading the latest pulp this site...9-11...brought to you by the same crew that did Libor...that giant sucking sound you hear is whatever's left of the U.S.'s soul....down the drain...

  2. The Fed new about the Libor Fixing scandal. The Fed will continue ignore it, cover it up and deny responsibility for it. The Fed is part of the problem, not part of the solution!