Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

dipsydoodle

(42,239 posts)

11. It had happened in both directions

Reply to JDPriestly (Reply #9)

Wed Jul 4, 2012, 12:04 PM

Jul 2012

Marginal changes up and down meaning that some got better rates and other paid more.

Did the banks...........in some cases but in other cases to be able to offer lower rates for mortgages whatever.

Notwithtanding commissions which would account for the balance - those who lost are actually owed by those who won.

btw - to help understand other issues of Libor rates which Barclays used plough back through this : http://www.bbc.co.uk/news/business-18704239

Edit history

Please sign in to view edit histories.

23 replies

= new reply since forum marked as read

Highlight:

Barclays bank didn’t just scam other financial giants [View all] lovuian Jul 2012 OP

K&R. nt OnyxCollie Jul 2012 #1

There is going to a huge number of law$uit$ over this with Barclays being on the wrong end. n/t PoliticAverse Jul 2012 #2

LIFE IMPRISONMENT for the ALL the bankster scum, not just civil suits, nail their arse to the wall stockholmer Jul 2012 #3

Not only do they create the virus. They profit from the cure. raouldukelives Jul 2012 #12

knr Coexist Jul 2012 #4

That Chairman was going to host a bg LONDON fundraiser for MitWit elehhhhna Jul 2012 #5

The CEO Bob Diamond malaise Jul 2012 #6

Is that legal arikara Jul 2012 #13

Diamond is a US citizen. Location doesn't matter as long as donations are from US persons FarCenter Jul 2012 #17

He's US/British citizen, but I think it is still OK. I'm pretty sure US/Israeli citizens contribute FarCenter Jul 2012 #20

I think that they conspired to make the LIBOR lower creeksneakers2 Jul 2012 #7

I'd misread what you said dipsydoodle Jul 2012 #8

Just like the Fed, the Bank of England wanted lower rates to lessen the impact of the crisis FarCenter Jul 2012 #10

Yes - what you said. nt Lucky Luciano Jul 2012 #15

But if they were colluding to lower their rates, didn't that lower the rates of consumers JDPriestly Jul 2012 #9

It had happened in both directions dipsydoodle Jul 2012 #11

no more virgins, we need to toss the top rung of the banksters into a volcano caldera. pansypoo53219 Jul 2012 #14

Maybe the Barclay's Premier League will go back to its original title of... Crowman1979 Jul 2012 #16

State and Local Gov't got hit ,too dtom67 Jul 2012 #18

Barclays also received TARP money from AIG suffragette Jul 2012 #19

Were the funds from AIG into Barclays dipsydoodle Jul 2012 #22

What I've read is "securities lending" suffragette Jul 2012 #23

"Victims" needs defining dipsydoodle Jul 2012 #21