LONDON – By manipulating the London Inter-Banking Offer Rate (Libor), multinational British banking and financial services institution Barclays has successfully surpassed all recent banking scandals in size and scope, say industry experts. “Due to the sheer magnitude this revelation, Barclays is now in a dominant position in the competitive
NEW YORK CITY, NY – The tone was decidedly conciliatory as the nation’s most powerful titans of industry apologized to the Republican Party for America’s economic recovery. The influential cabal of business leaders expressed regret and disappointment in their collective inability to keep the nation’s
MONEY PIT, GOLDMAN SACHS HQ – With the stocks of Wall Street’s largest banks suffering in the wake of the Federal Housing Finance Agency’s lawsuit, some market experts and government policymakers have recently criticized the rule of law as harming the broader economy.