Libor Lies Revealed in Rigging of $300 Trillion Benchmark

the Lie in LIBORNo – we’re not making this up.

According to Bloomberg By Liam Vaughan & Gavin Finch – Jan 28, 2013: “The benchmark rate for more than $300 trillion of contracts was based on honesty. New evidence in banking’s biggest scandal shows traders took it as a license to cheat.” Graphic: Bloomberg Markets Continue reading

Scorsese’s ‘Wolf of Wall Street’ Gets In Under the Oscar Wire

NYTimes logoBy MICHAEL CIEPLY and BROOKS BARNES

LOS ANGELES — Last week, Martin Scorsese winged off to Marrakesh, Morocco, where he will spend nine days adjudicating Prince Moulay Rachid’s film festival.

But he left a not-so-little something behind: “The Wolf of Wall Street,” a two-hour, 59-minute cinematic romp through the securities business — his longest film ever.

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