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View Diary: Libor --- OUTRAGE .... Please!!!! (210 comments)

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  •  No...."they" lost..... (0+ / 0-)

    Like watching the losing basketball team 20 points down with a minute to play, they just have to play out the rest of the game.   I have enough of a finance/economics background to reaize there will be "Financial Armaggedon".

    We know the system was a scheme with REALLY bad consequences.   You cannot bailout or borrow forever.  Now Greek officials are going to try renegotiate their SECOND bailout.   They will default and leave the euro.....

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