MercoPress. South Atlantic News Agency
Following the scandal, Libor to come under supervision of EU Paris-based regulator
European authorities are to propose bringing control of the inter-bank lending rate, Libor, under the supervision of a Paris-based regulator. The draft regulation proposes moving oversight of the scandal-hit benchmark from London to the European Securities and Markets Authority (ESMA). Read full article
Comments
Disclaimer & comment rulesIt is called the London Inter-bank Offered Rate and for good reason.
Jun 07th, 2013 - 12:20 pm - Link - Report abuse 0France is now positioned financially worse off than the UK in the 1970's, in fact as bad as when the UK were under IMF orders due to the cunts in the Labour Party and their 'mates' the unions fucking the economy up, just like Blair and the cunt Brown:
http://www.telegraph.co.uk/finance/financialcrisis/10093809/France-worse-off-than-UK-in-the-1970s-Axa-chief.html
So they must be perfect for the PIBOR!
Can't see it happening though.
Of course they are. Incidentally, that's not “European” authorities, it's “Franco-German” authorities. And why would they do this? It's not as though the French know anything about money. Once you've gone through wine, cheese and shagging anyone who'll stand still long enough, you've just about exhausted their potential!
Jun 07th, 2013 - 02:04 pm - Link - Report abuse 0HAHAHAHAHAHAHAHA.
Jun 07th, 2013 - 02:09 pm - Link - Report abuse 0London under the supervision of Paris. Fitting to rub it on the wound of the Brits.
“Libor to come under supervision of EU Paris-based regulator”
Jun 07th, 2013 - 02:55 pm - Link - Report abuse 0Libor, city of london (independent of london), fraud!
Libor, Paris, change of “leadership”, continue with the fraud!
Does anyone believe business will change? Don't be naive, it's business as usual.
latest FRAUD scandal in the city of london = London-based firm ICAP, the world's largest broker of interest-rate swaps. No matter where they go, you have to be naive to “trust” them. Other nations already figured that out, but sadly many naive people in the nations where the fraudsters operate, haven't realized that. Why? They continue to drink the kool-aid, that everything is great (duh, that's why nothing will get solved).
THE MARKETS ARE RIGGED!
http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425
To all the Turnips in here.....
Jun 07th, 2013 - 03:37 pm - Link - Report abuse 0Anglo Banksters stealing trillions of dollars yearly from every single human being on this planet by rigging the “Free Market”........????
No, noo, nooo..........!!!! That can't be possible...........!!!!
Let's just concentrate on the real “Baddies” here.....:
The progressive Latin-American governments that know exactly what the Anglo Banksters are doing.................. and rebell against them.
Bad, baad, baaaaad dogs!
(I like baaaad dogs;-)
@3, 4, 5 Ain't going to happen, girls. It's only a “proposal”. And Paris will get excluded. How you going to “supervise” something you have no access to?
Jun 07th, 2013 - 04:54 pm - Link - Report abuse 0Let's just concentrate on the real “Baddies” here
Jun 07th, 2013 - 06:22 pm - Link - Report abuse 0Yep
But they are not all anglo??
Corruption was here with the Romans and is still here today,
And will still be here in a thousand years time,
Unless you are Argentine, [apparently] they are neither dishonest nor corrupt,
Depending on who is telling the story?
As for the idiots in the EU,
All this will do , is push the British nearer and nearer to the exit door.
.
I like the way that el ThinkoDover seems to believe that Argentine bankers are suddenly going to be any different from any other bankers the world over.
Jun 08th, 2013 - 02:04 pm - Link - Report abuse 0Such naivete is very amusing from somebody who claims so much intelligence, knowledge and worldly-wise attitudes.
Naive, naive, naive.
?
Jun 09th, 2013 - 07:25 pm - Link - Report abuse 0Basically London is the place where US bankers do the trades which would be illegal at home. I think its about time that it was cleaned up. This change will be one step to making London respectable.
Jun 10th, 2013 - 03:47 pm - Link - Report abuse 0We agree with you=to a point?
Jun 10th, 2013 - 07:10 pm - Link - Report abuse 0cilllit bang anyone !
Comment removed by the editor.
Jun 11th, 2013 - 04:30 am - Link - Report abuse 0it must have been another anti rant-to be removed.
Jun 11th, 2013 - 06:49 pm - Link - Report abuse 0@13 Briton
Jun 11th, 2013 - 09:35 pm - Link - Report abuse 0No, it was all in Franc so I had it removed.
Got to keep up the standards old chap, can't let Frog speak infiltrate our 'precious bodily fluids' (Dr. Strangelove).
LOLs
That true
Jun 12th, 2013 - 06:19 pm - Link - Report abuse 0all they ever say is=read it, read it ..lol
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