Wall Streetâ€™s Latest Egregious Acts Of Organized Racketeering - Manipulating Interbank Lending Rates
Now, we have no idea what the intent of this activity does because there is no transparency but this could be used to destroy other banks and create financial crises including electronic â€śrunsâ€ť on banks. Even if that wasnâ€™t the intent, that is one such possibility of manipulating rates. And, if it hasnâ€™t yet been done, it will be some day.
What will be done about this? Well, itâ€™s a â€śback pageâ€ť article that will be stuffed under the mattress along with all of the other â€śdead bodiesâ€ť. Some settlement where banks use taxpayer money they are given privilege to protect will be offered up as a settlement and the next crime will be just around the corner.