The Traderszone Network

Published in TZ Latest News 7 August, 2015 by The TZ Newswire Staff

An Ex-Con’s Advice To A Libor Rigger

Earlier this week, something strange happened. 

A real person – or at least he looks real – was found guilty by a jury of conspiring to manipulate LIBOR. 

Then, something even stranger took place. 

This real person – Tom Hayes, or “Rain Man” as he was affectionately known in rate-rigging circles – was sentenced to 14 years in jail for his role as the supposed “connective tissue” that held the global fix fixing infrastructure together. 

read more