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  • The War of LIBORation

    Each day 17 banks receive a phone call asking them what other banks charge them for inter-bank loans. The rates are determined largely by the credit ratings of the banks. Barclays was fined $453 million when it was discovered that they had been lying... Read More

    News
    4 - 5 min read
  • Deuteronomy--Moses' first speech, Part 19

    Series: Moses' First Speech - After reminding Israel that God appeared to them only as fire, Moses tells them in Deut. 4:15-18, 15 So watch yourselves carefully, since you did not see any form on the day the Lord spoke to you at Horeb from the midst of the fire, 16 ... Read More

    Bible Studies
    7 - 8 min read
  • LIBOR scandal gets nasty

    http://www.dailymail.co.uk/news/article-2168449/Bob-Diamond-resignation-Ousted-Barclays-boss-makes-damning-claims-Bank-England-Labour-ministers-involved-rigging-rates.html Bob Diamond last night implicated large parts of the Establishment in the rate-fix... Read More

    News
    < 1 min read
  • Deuteronomy--Moses' first speech, Part 18

    Series: Moses' First Speech - Deut. 4:9 says, 9 Only give heed to yourself and keep your soul diligently, lest you forget the things which your eyes have seen, and lest they depart from your heart all the days of your life; but make them known to your sons and your grandsons. Go... Read More

    Bible Studies
    7 - 9 min read
  • Eliot Spitzer's interview exposing the enormity of the Barclays scandal

    http://www.youtube.com/watch?v=1UG8RowZcks&feature=youtu.be The LIBOR scandal involving Barclays and other banks is the tsunami of all banking scandals, because it affects the entire monetary system for hundreds of trillions of dollars of trades every... Read More

    News
    < 1 min read

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