Interest-rate -fixing scandal

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Produced by: 
KBOO
Air date: 
Mon, 07/09/2012 - 12:00am
Tom Becker shares Robert Reich essay on the LIBOR interest-rate fixing rip-off

Old Mole Variety Hour

Tom Becker reads from Robert Reich's recent essay The Wall Street Scandal of All Scandals about the LIBOR ("London interbank offered rate") scandal, in which bankers fixed interest rates in order to siphon trillions of dollars from ordinary people.

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