…from pulling out over the insane, gargantuan cases fo fraud he keeps uncovering:
<http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425?print=true> Ain't it amazing what happens when you privatize profit and socialize losses. these guys make the Mob look like some kids playing cops and robbers. "But the biggest shock came out of a federal courtroom at the end of March – though if you follow these matters closely, it may not have been so shocking at all – when a landmark class-action civil lawsuit against the banks for Libor-related offenses was dismissed. In that case, a federal judge accepted the banker-defendants' incredible argument: If cities and towns and other investors lost money because of Libor manipulation, that was their own fault for ever thinking the banks were competing in the first place." Yes, manipulating the Libor is not actionable under anti-trust grounds because there never was a free market in it at all. -- Bruce Johnson University of Arizona College of Pharmacy Information Technology Group Institutions do not have opinions, merely customs -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/stratalist-ot?hl=en. For more options, visit https://groups.google.com/groups/opt_out.
