Jon Stewart On Libor Manipulation

For anyone who missed this the first time around.

Is this real or a Dickens novel?

Part 1 - Banks submit false data to manipulate the Libor interest rate, either for the good of the entire economy and all of mankind, or possibly to just benefit themselves.

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Part 2 - Banking titans Rich Ricci and Bob Diamond are implicated in the Libor financial scandal, but an eighth-generation Hoare remains innocent of the rampant rate rigging.

"Oh right. The public sector pensions are underfunded in part because the bonds they own are paying too low a yield thanks to 16 bespoke suited turd-monkeys in London."

Comments

[Pitchfork]

"That's right, folks, even the whores....!"

I saw it coming a mile away, but I still spit out my coffee. Literally.

[Reginald]

British people just shrug there shoulders at this. They don't seem to understand that these people have been stealing their savings and pension. Dumb twats deserve to suffer if you ask me.