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April 26, 2013 01:11 pm PDT

Too-big-to-fail banks implicated in $500 trillion fraud: biggest price-rigging scandal inhistory

In Rolling Stone, the amazing Matt Taibbi documents a breaking price-rigging scandal involving the world's biggest banks. The $500 trillion conspiracy to game the interest-rate swaps victimizes every city, town, state and nation that uses bonds to raise money, diverting an unimaginable sum from tax coffers to the pockets of mega-rich bankers. If you've been [...]



Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/jt8NspGRRGw/story01.htm

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