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Libor Scandal Just Bankers' Latest Hit on Reality

Today's corporations 'can't handle the truth': Peter Goodman

By Matt Cantor,  Newser Staff

Posted Jul 16, 2012 1:41 PM CDT | Updated Jul 16, 2012 1:58 PM CDT

(Newser) – Don't be too surprised by the Libor scandal: It's only bankers' latest attempt to alter reality to their own benefit. Instead of acknowledging the troubling truth about Libor rates, Barclays opted to encourage more dangerous behavior by pretending everything was fine. The phenomenon...   Read full story »

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