Emails Show How Corrupt Financial Traders Bragged About Rigging Global Markets

Emails Show How Corrupt Financial Traders Bragged About Rigging Global Markets: The Swiss bank UBS will pay $1.5 billion in fines to international regulators for manipulating the LIBOR interest rate, which helps set rates on financial products across the world. UBS is the second bank, after Barclays, to pay fines for messing with LIBOR. According to emails released by the British Financial Services Authority, UBS traders [...]/p