NEW YORK (CNNMoney) -- A state investigation into whether some of the world's biggest banks manipulated key global interest rates has widened to 16 institutions, according to a source familiar with the matter.
New York state Attorney General Eric Schneiderman issued subpoenas to nine banks in late August as part of an investigation into alleged manipulation of the London Interbank Offered Rate, or Libor, according to the source, who was not authorized to speak publicly.
The Libor process generates rates, based on a survey of banks, that are used as benchmarks for roughly $10 trillion of loans and some $350 trillion of derivatives.
Implicated is the Key word.
More cabal nonsense to make the ignorant people of the world believe that some sort of positive change & justice is being sought. The key word in relation to this 'story' is IMPLICATED. This means that no-one has (or will be in the future) been arrested, charged or detained for anything. This is why they use the word 'implicated', so they can 'get out of jail free' at a later date and tell you that the 'implications' were unfounded.....or 'without foundation'......or 'inaccurate'........as there won't be any 'conclusive evidence uncovered which undeniably proves any wrongdoing by the banks'. Blah blah blah blah blah.................some gobshite will be hung out to dry as a sacrificial lamb to subatantiate the lies etc. The usual 'truth'.
Do you really believe that if
Do you really believe that if all this was happening according to the Cabal's plans, that we'd really know about LIBOR at all?