"On 27 July 2012, the Financial Times published an article by a former trader which stated that Libor manipulation had been common since at least 1991."
In other words, this came to light under the previous US POTUS and - much like the crash of 2007 / 2008 - __nothing__ happened. It's amazing how much power the MSM has over the narrative(s) and public perception.
Those companies are international - where is far less important than who. The Obama admin's decision to (effectively) pardon Wall Street (for crashing - and nearly crushing - the __world__ economy) looks even worse. Yeah. I get it. No one likes to hear that their liberal hero BHO screwed them over, in favor of WS, The City, etc.
The point being these financial companies get to operate without fear; without penalty. Which was the nature of the comment that comment was added to.
"On 27 July 2012, the Financial Times published an article by a former trader which stated that Libor manipulation had been common since at least 1991."
In other words, this came to light under the previous US POTUS and - much like the crash of 2007 / 2008 - __nothing__ happened. It's amazing how much power the MSM has over the narrative(s) and public perception.