We will not accept Donald Trump's bigotry, homophobia, sexism, racism, xenophobia, authoritarianism, ignorance and stupidity. Already our democratic republic has been replaced by oligarchy. What next, outright fascism? As our articles will show, Trump is following the path of Adolf Hitler as a passive, confused media grovels for access.
6 BIG BANKS FINED $2.3 BILLION FOR GLOBAL RATE FIXING
FROM DEMOCRACY NOW HEADLINES
EU Fines 6 Banks $2.3 Billion for Global Rate Fixing
The European Union has issued a $2.3 billion fine against six major financial firms over the rigging of global interest rates. The banks and brokers were found to have colluded to alter the benchmark for rates on trillions of dollars in transactions across the globe, meaning millions of borrowers paid the wrong amount on their loans. The rigging covered the Euro Interbank Offered Rate, or Euribor, and London Interbank Offered Rate, or Libor. All six banks are from Europe or the U.S., including JPMorgan and Citibank. The banks UBS and Barclays were hit with around $2 billion in fines last year.