Streams

 

Matt Taibbi

The Leonard Lopate Show

Matt Taibbi on Manipulation of the Swap Market

Thursday, April 25, 2013

Matt Taibbi talks about the manipulation of the swaps market. The Commodity Futures Trading Commission recently subpoenaed brokers at the interdealer broker ICAP and bankers at 15 Wall Street institutions to find out if they colluded to manipulate the ISDAfix rate. ISDAFix impacts global borrowing costs as well as the price of $379 trillion interest-rate swaps, and other important benchmarks in the wake of the Libor rigging scandal.

Comments [18]

It's A Free Country ®

Taibbi and Prins: Occupying Wall Street Before it Was Cool?

Tuesday, October 18, 2011

[Banks are] continuing to overvalue awful assets that they created into the 2008 beginning of the current crash we have, and they're being given a free pass by the Federal Reserve, the government, and everything else, which is exactly what happened in 1929.

Nomi Prins, senior fellow at Demos, former investment banker, and author of the new novel Black Tuesday, on The Brian Lehrer Show

Comments [24]