London Indymedia

Intruders at the Investment Banking Awards

anon@indymedia.org (banker) | 11.10.2012 20:55 | London

The Investment Banking Awards are the Oscars of the financial world. Dished out for so-called 'innovation', some of the world's richest bankers gather together to congratulate each other on devising ever more creative ways to make obscene sums of money. See the film of the awards.

One of 2012's most profitable scams was the bankers' 'innovative' approach to a key interest rate called LIBOR. Virtually every bank at the event was involved in illegally colluding to rig LIBOR, ensuring that they would always be the winners in the multi-million pound bets they were making on the markets.

When we noticed that this money-spinner had been overlooked in the ceremony, we decided to show up and make sure the LIBOR-riggers got the recognition they deserve.

Web: http://www.theintruders.org
Twitter: @IntrudersAction
Facebook: /WeAreTheIntruders


anon@indymedia.org (banker)
- Original article on IMC London: http://london.indymedia.org/articles/13107

Comments

Hide the following comment

Good..

13.10.2012 12:41

..work! Those fuckers from Barclays looked like they'd done a turd in their pants!

Rudeboy


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