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	Comments on: Fixing the Libor Rates – By Far the Greatest Financial Scandal Yet  &#8211; Guest Post by Jonathan Sugarman.	</title>
	<atom:link href="https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/</link>
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		<title>
		By: campervan hire Australia		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-548937</link>

		<dc:creator><![CDATA[campervan hire Australia]]></dc:creator>
		<pubDate>Thu, 07 May 2015 04:22:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-548937</guid>

					<description><![CDATA[May I simply just say what a comfort to find somebody that actually 
understands what they&#039;re discussing online. You definitely know how to bring a problem to light and make it important.
More people must read this and understand this side of the story.
I was surprised that you&#039;re not more popular because you most certainly have the gift.]]></description>
			<content:encoded><![CDATA[<p>May I simply just say what a comfort to find somebody that actually<br />
understands what they&#8217;re discussing online. You definitely know how to bring a problem to light and make it important.<br />
More people must read this and understand this side of the story.<br />
I was surprised that you&#8217;re not more popular because you most certainly have the gift.</p>
]]></content:encoded>
		
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		<title>
		By: www.facebook.com		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-490285</link>

		<dc:creator><![CDATA[www.facebook.com]]></dc:creator>
		<pubDate>Mon, 26 Jan 2015 07:27:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-490285</guid>

					<description><![CDATA[Some of these approaches are more effective than others, and they carry various price tags.
Your immune system is reacting to the unwanted visitor by raising your 
body&#039;s temperature. The manual manipulation in chiropractic 
treatment helps reduce weight too, through the 
amount of calorie spent in the manipulation.]]></description>
			<content:encoded><![CDATA[<p>Some of these approaches are more effective than others, and they carry various price tags.<br />
Your immune system is reacting to the unwanted visitor by raising your<br />
body&#8217;s temperature. The manual manipulation in chiropractic<br />
treatment helps reduce weight too, through the<br />
amount of calorie spent in the manipulation.</p>
]]></content:encoded>
		
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		<title>
		By: Mira		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-29090</link>

		<dc:creator><![CDATA[Mira]]></dc:creator>
		<pubDate>Fri, 19 Apr 2013 03:42:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-29090</guid>

					<description><![CDATA[I Really Love the top header concept, very well done.
did you do it yourselves?]]></description>
			<content:encoded><![CDATA[<p>I Really Love the top header concept, very well done.<br />
did you do it yourselves?</p>
]]></content:encoded>
		
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		<title>
		By: NewPawTiemi		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-28162</link>

		<dc:creator><![CDATA[NewPawTiemi]]></dc:creator>
		<pubDate>Wed, 10 Apr 2013 03:50:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-28162</guid>

					<description><![CDATA[http://www.pacificdiver.org/uhome/space.php?uid=4825&#038;do=blog&#038;id=63282
 
http://www.martialplaces.com/node/29388
 
http://www.fetish2me.com/member/blog_post_view.php?postId=29512
 
http://www.oshomo.com/member/blog_post_view.php?postId=27665
 
http://www.rhizomenetwork.com/?p=8699&#038;preview=true]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.pacificdiver.org/uhome/space.php?uid=4825&#038;do=blog&#038;id=63282" rel="nofollow ugc">http://www.pacificdiver.org/uhome/space.php?uid=4825&#038;do=blog&#038;id=63282</a></p>
<p><a href="http://www.martialplaces.com/node/29388" rel="nofollow ugc">http://www.martialplaces.com/node/29388</a></p>
<p><a href="http://www.fetish2me.com/member/blog_post_view.php?postId=29512" rel="nofollow ugc">http://www.fetish2me.com/member/blog_post_view.php?postId=29512</a></p>
<p><a href="http://www.oshomo.com/member/blog_post_view.php?postId=27665" rel="nofollow ugc">http://www.oshomo.com/member/blog_post_view.php?postId=27665</a></p>
<p><a href="http://www.rhizomenetwork.com/?p=8699&#038;preview=true" rel="nofollow ugc">http://www.rhizomenetwork.com/?p=8699&#038;preview=true</a></p>
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		<title>
		By: Prepaid Card		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20842</link>

		<dc:creator><![CDATA[Prepaid Card]]></dc:creator>
		<pubDate>Fri, 12 Oct 2012 10:04:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-20842</guid>

					<description><![CDATA[Very  excellent post, i&#039;m currently in the process of considering basic account because I need to save pennies
Do you have a twitter account I can follow?]]></description>
			<content:encoded><![CDATA[<p>Very  excellent post, i&#8217;m currently in the process of considering basic account because I need to save pennies<br />
Do you have a twitter account I can follow?</p>
]]></content:encoded>
		
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		<title>
		By: Hawkeye		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20688</link>

		<dc:creator><![CDATA[Hawkeye]]></dc:creator>
		<pubDate>Mon, 08 Oct 2012 07:41:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-20688</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20647&quot;&gt;Jamie_Griff&lt;/a&gt;.

Hi Jamie

Maybe see you there! 

I&#039;ll be the one trying to ask tough questions about &quot;fraud&quot; and &quot;central bank complicity&quot;.

If you want an idea of how to recognise me, then turn to p18:

http://issuu.com/durhambusinessschool/docs/agoranews20

(spolier alert - that is not a very recent photo!)]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20647">Jamie_Griff</a>.</p>
<p>Hi Jamie</p>
<p>Maybe see you there! </p>
<p>I&#8217;ll be the one trying to ask tough questions about &#8220;fraud&#8221; and &#8220;central bank complicity&#8221;.</p>
<p>If you want an idea of how to recognise me, then turn to p18:</p>
<p><a href="http://issuu.com/durhambusinessschool/docs/agoranews20" rel="nofollow ugc">http://issuu.com/durhambusinessschool/docs/agoranews20</a></p>
<p>(spolier alert &#8211; that is not a very recent photo!)</p>
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		<title>
		By: Daniel		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20687</link>

		<dc:creator><![CDATA[Daniel]]></dc:creator>
		<pubDate>Mon, 08 Oct 2012 03:28:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-20687</guid>

					<description><![CDATA[Phil,
Thanks for the link. A fine interview with Mr.Potter,who is very circumspect with his language, but to be expected from a member of the BoE Court.
The comments mainly leave a lot to be desired. These people live in a Mary Poppins world,they need to get out more often and smell the stench. Must be wonderful to live in a hazy world of perfection and probity.]]></description>
			<content:encoded><![CDATA[<p>Phil,<br />
Thanks for the link. A fine interview with Mr.Potter,who is very circumspect with his language, but to be expected from a member of the BoE Court.<br />
The comments mainly leave a lot to be desired. These people live in a Mary Poppins world,they need to get out more often and smell the stench. Must be wonderful to live in a hazy world of perfection and probity.</p>
]]></content:encoded>
		
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		<title>
		By: JEHR		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20684</link>

		<dc:creator><![CDATA[JEHR]]></dc:creator>
		<pubDate>Sun, 07 Oct 2012 23:04:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-20684</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20620&quot;&gt;Michael Fish&lt;/a&gt;.

Yes, Michael, and I can tell you that Canadian banks are no better than the ones mentioned above, especially the Royal Bank of Canada.  I have been reading Bruce Livesey&#039;s book called The Thieves of Bay Street and except for TD all the chartered Canadian banks were buying ABCP made up of CDOs and other junk from the American subprime mortgage debacle.  The Canadian investment banks sold junk to pensioners and savers too. The banks mentioned in Livesey&#039;s book have been incriminated for other activities also.  I am so ashamed of our banks especially when I consider how our politicians have misrepresented them as some of the best banks in the world---not!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20620">Michael Fish</a>.</p>
<p>Yes, Michael, and I can tell you that Canadian banks are no better than the ones mentioned above, especially the Royal Bank of Canada.  I have been reading Bruce Livesey&#8217;s book called The Thieves of Bay Street and except for TD all the chartered Canadian banks were buying ABCP made up of CDOs and other junk from the American subprime mortgage debacle.  The Canadian investment banks sold junk to pensioners and savers too. The banks mentioned in Livesey&#8217;s book have been incriminated for other activities also.  I am so ashamed of our banks especially when I consider how our politicians have misrepresented them as some of the best banks in the world&#8212;not!</p>
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		<title>
		By: Patrick Donnelly		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20676</link>

		<dc:creator><![CDATA[Patrick Donnelly]]></dc:creator>
		<pubDate>Sun, 07 Oct 2012 08:01:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-20676</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20653&quot;&gt;The Dork of Cork&lt;/a&gt;.

Many people saw this coming and can afford to be conspicuous. 

Will they feel that way in ten years time, when murders are three times as frequent as now?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20653">The Dork of Cork</a>.</p>
<p>Many people saw this coming and can afford to be conspicuous. </p>
<p>Will they feel that way in ten years time, when murders are three times as frequent as now?</p>
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		<title>
		By: Patrick Donnelly		</title>
		<link>https://www.golemxiv.co.uk/2012/10/fixing-the-libor-rates-by-far-the-greatest-financial-scandal-yet-guest-post-by-jonathan-sugarman/#comment-20675</link>

		<dc:creator><![CDATA[Patrick Donnelly]]></dc:creator>
		<pubDate>Sun, 07 Oct 2012 07:11:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/?p=1586#comment-20675</guid>

					<description><![CDATA[I disagree that this was or is a real problem. 


Truth in advertizing? Of course not! It is a market and anyone can offer more or less, but lazy people came to believe the hype about how official it was! It is simple: some or all banks/ money managers did not employ people after and before hours directly. Instead, they put funds onto others who then used them to make money, returning them with a pittance of interest, the following morning. 

The rate was too high or too low? According to whom? All sorts of factors determined the rate. Lazy people used it to determine all sorts of costs and penalties. So what? 

Markets people! If you have a massive amount of money out of hours, use it as you do during hours worked by setting up offices in other time zones! LIBOR disappears! 

This is just another distraction, to divert attention from the real problem, massive, MASSIVE amounts of capital created out of nothing that is slowly being isolated as real people flee to real, tangible assets!

Golem, I know it is hard to write anything sensible that does not rhyme, if not repeat every few months, but this is just that: DISTRACTION!

Where is all the fake capital going to be stuffed? 

Whose assets are revealed to be purely paper promises from defunct and insolvent shells? 

Answer these questions or even feel free merely to repeat the questions!!!!]]></description>
			<content:encoded><![CDATA[<p>I disagree that this was or is a real problem. </p>
<p>Truth in advertizing? Of course not! It is a market and anyone can offer more or less, but lazy people came to believe the hype about how official it was! It is simple: some or all banks/ money managers did not employ people after and before hours directly. Instead, they put funds onto others who then used them to make money, returning them with a pittance of interest, the following morning. </p>
<p>The rate was too high or too low? According to whom? All sorts of factors determined the rate. Lazy people used it to determine all sorts of costs and penalties. So what? </p>
<p>Markets people! If you have a massive amount of money out of hours, use it as you do during hours worked by setting up offices in other time zones! LIBOR disappears! </p>
<p>This is just another distraction, to divert attention from the real problem, massive, MASSIVE amounts of capital created out of nothing that is slowly being isolated as real people flee to real, tangible assets!</p>
<p>Golem, I know it is hard to write anything sensible that does not rhyme, if not repeat every few months, but this is just that: DISTRACTION!</p>
<p>Where is all the fake capital going to be stuffed? </p>
<p>Whose assets are revealed to be purely paper promises from defunct and insolvent shells? </p>
<p>Answer these questions or even feel free merely to repeat the questions!!!!</p>
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