Every single day I checkout all of the finance related stories on CNN, every few days I checkout thinkprogress and every day I read through the topic titles of four different forums for discussions about stuff like this, yet apparently this story was written a month ago by Rolling stone...
A massive scheme where banks were colluding to defraud the public of money and I have heard almost nothing about it even though this case has already gone to trial and a verdict has been reached.
Now were hearing in the LIBOR scandal that the banks in the UK were colluding to control interest rates, and that they had been asked on occasion by government officials to do so. No one is talking about this, and no one is saying the obvious, that the banks are making a great case for nationalization.
Edit: When I originally posted this I put an article related to the incident but not the one I wanted, the one that actually explained what happened.
There is no wealth like knowledge, no poverty like ignorance." Ali bin Abu-Talib