Libor: They all knew – and no one acted
Regulator’s claim it knew nothing thrown into doubt as documents show authorities were told of rate-rigging in 2008
Regulators on both sides of the Atlantic failed to act on clear warnings that the Libor interest rate was being falsely reported by banks during the financial crisis, it emerged last night.
Click HERE to view 'The missed warnings how us authorities demanded changes... and were ignored' graphic
A cache of documents released yesterday by the New York Federal Reserve showed that US officials had evidence from April 2008 that Barclays was knowingly posting false reports about the rate at which it could borrow in order to assuage market concerns about its solvency.
Sandusky - They all knew - and no one acted.
Report finds Penn State president, Paterno concealed facts about Sandusky sex abuse
Penn State released the findings of an internal investigation by former FBI Director Louie Freeh, which revealed how much top University officials knew about Jerry Sandusky's behavior and the failure of them to do anything about it. NBC's Michael Isikoff reports.
By Bill Dedman Investigative Reporter, msnbc.com
JPMorgan Blaming Marks on Traders Baffles Ex-Employees - Nobody in Management knew anything?
By Dawn Kopecki - Jul 15, 2012 11:24 PM ET
U.S. Air Force court-martial set in widening sex scandal - They all knew and no one acted.
Mon, 16 Jul 2012 02:48 GMT
Source: reuters // Jim Forsyth
SAN ANTONIO, July 15 (Reuters) - U.S. Air Force Sergeant Luis Walker faces court-martial on Monday on multiple charges of rape and aggravated sexual assault of female recruits in his training squadron, the first of several such trials in the biggest military sex scandal in 16 years.
Walker was one of roughly 500 Military Training Instructors at the Lackland Air Force Base in San Antonio, which conducts all of the Air Force's basic military training. If found guilty, Walker could face life in prison and dishonourable discharge.
Since Walker's arrest 13 months ago, five more training instructors have been charged with raping or having inappropriate sexual relations with female trainees, or improperly fraternizing with them.
Mitt Romney's "I Knew Nothing" Defense Simply Not Credible
Posted: 07/15/2012 7:56 pm
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