Yesterday it was announced that Barclays Bank was fined for manipulating interbank lending rates. It is business as usual in the City, not even the tip of the iceberg. Don't pick up on Barclays: this shows what the modern banking system degenerated into. It has nothing to do with free market financial trading. It is a crude and primitive manipulation and rigging. Very transparent indeed but regulators and politicians choose not to see this. As previously published on this blog: this also shows what kind of "top talent" the current financial industry attracts.
From a broader perspective it is simply a part of the largest heist in history which continues.