re:
http://www.garlic.com/~lynn/2012i.html#46 'Inexperienced' RBS tech operative's 
blunder led to banking meltdown
http://www.garlic.com/~lynn/2012i.html#58 'Inexperienced' RBS tech operative's 
blunder led to banking meltdown

it isn't RBS only problem:

Another Domino Falls in the LIBOR Banking Scam: Royal Bank of Scotland
http://www.rollingstone.com/politics/blogs/taibblog/another-domino-falls-in-the-libor-banking-scam-royal-bank-of-scotland-20120629ï

part of this:

A Huge Break in the LIBOR Banking Investigation
http://www.rollingstone.com/politics/blogs/taibblog/a-huge-break-in-the-libor-banking-investigation-20120628

Naked emperors, holy cows and Libor
http://www.atimes.com/atimes/Global_Economy/NF30Dj02.html

$700T worldwide:
http://www.atimes.com/atimes/Global_Economy/ML14Dj02.html

much of it in the US:
http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html

a few more, now will anybody go to jail??

Banks face lawsuits worth billions over Libor scam
http://www.independent.co.uk/news/business/news/banks-face-lawsuits-worth-billions-over-libor-scam-7902918.html
U.K. Serious Fraud Office Opted Against Libor Criminal Probe: FT
http://www.bloomberg.com/news/2012-06-30/u-k-serious-fraud-office-opted-against-libor-criminal-probe-ft.html
Barclays LIBOR Market Manipulation Fraud To Boost Profits and Mask Insolvency, 
RBS, HSBC and Lloyds to Follow :: The Market Oracle ::
http://www.marketoracle.co.uk/Article35374.html
Banking scandal: how document trail reveals global scam
http://www.guardian.co.uk/business/2012/jun/30/banking-scandal-barclays-lawsuits-libor?newsfeed=trueï»

not directly ... other recent posts on derivatives
http://www.garlic.com/~lynn/2012h.html#45 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012i.html#17 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012i.html#29 Monopoly/ Cartons of Punch Cards

-- 
virtualization experience starting Jan1968, online at home since Mar1970

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