patrick.net

http://www.theautomaticearth.com/Finance/libor-lies-and-derivatives.html

From the story:
There is no segment of private industry that has grabbed more power than the banking industry. Indeed, it would be hard to find any lawmaker or regulator left at all in the western world willing to stand up to it in more than fleeting soundbites. We will see this exemplified in the upcoming procedures in the LIBOR rigging scandal.