UBS Gets Nailed for What Fed Does All The Time
The Federal Reserve is constantly doing what these other banks are facing huge fines for. The Fed warps markets, transfers wealth, and does its financial represion with impunity as long as it kicks loose money the Federal Government’s direction. Incidentally, it creates money at the stroke of a key, but the interest it charges is honestly earned by the hard labor of ordinary Americans.
Highlights – How UBS manipulated interest rates | Reuters:: uk.reuters.com/article/2012/12/19/uk-ubs-libor-fsa…21219