Re:Goldman Sachs Has Started Giving Away Its Most Valuable S...
by smallnamespace on Wednesday September 07, 2016 @02:08PM
(#12445638)
Your article doesn't support your point; it's Goldman's CEO complaining about other people manipulating LIBOR.
https://www.theice.com/iba/libor
Goldman Sachs did not manipulate LIBOR because it's not even one of the banks that is asked for LIBOR submissions (they were an investment bank, not a commercial bank).
I'm all for bashing banks when it's appropriate, but it's our obligation to get the facts straight first.
They rig the ratings agencies and libor[0].
[0]http://www.bloomberg.com/news/articles/2012-07-18/goldman-sa...