August 1, 2012 • mediamatters.org
ABC, NBC Evening News Shows Ignore Massive Banking Scandal For More Than A Month American television news outlets continue to devote sparse time to one of largest banking scandals in history. The controversy over whether major banks have been manipulating the LIBOR, a crucial interest rate that banks use to borrow money from one another, has been gathering steam for more than a month since U.S. and U.K. regulators fined British bank Barclays $450 million for its role in trying to rig the rate.

ABC, NBC Evening News Shows Ignore Massive Banking Scandal For More Than A Month

American television news outlets continue to devote sparse time to one of largest banking scandals in history. The controversy over whether major banks have been manipulating the LIBOR, a crucial interest rate that banks use to borrow money from one another, has been gathering steam for more than a month since U.S. and U.K. regulators fined British bank Barclays $450 million for its role in trying to rig the rate.

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    always time for floods, never enough time for robber barons.
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  23. notexactly said: There’s even been more coverage of LIBOR on Comedy Central, sigh.
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