Americans interested in Tom and Katie, bored by Libor Rate Scandal.
Before you switch channels to find out about the latest in Hollywood, you might want to think about following this slightly more challenging story of corruption at Barclay's Bank, which is about to grow into corruption at many big banks, and even the Federal Reserve. So prepare yourself from having your world view turned upside down. You might want to rent The Godfather, and watch it with this in mind. The mob learned alot from the business model of the banking industry...I speak here, of course, of the big banks, which are really corrupt finance and trading companies, whose top guys get to head up the US Treasury, and sit on Obama's cabinet. Ever wonder why 2012 has turned out to look alot like 2008, only worse? This short but compelling clip features The Rolling Stone's feature writer Matt Taibbi, hands down the best financial reporter in America.
Richard Schulte
1:01 pm on Sunday, July 8, 2012
"The mob learned alot from the business model of the banking industry"
And the banking industry learned alot from the business model of the mob.