Matt Taibbi: Libor Scandal Is 'The Biggest Financial Corruption Case In History' (VIDEO) [1]

Huffington Post - 12/27/12, Harry Bradford

A lot of things have ticked Matt Taibbi off over the last 12 months. There was JPMorgan’s London Whale scandal and the Justice Department's decision to leave Goldman Sachs alone [2]. Even everyone's favorite billionaire Warren Buffett [3] managed to rile Taibbi. But there’s one event that's made him angrier than anything else: The Libor scandal.

The Rolling Stone columnist singled out Libor manipulation as the “biggest story” in business this year [4] -- and maybe of all time -- in a recent interview with Current TV. Regulators have fined two banks so far for their role in the Libor scandal: Barclay's agreed to pay $450 million [5] in June to settle claims the bank manipulated the interest rate and UBS will pay $1.5 billion [6] to settle charges of rate-rigging.

To watch the video and read the rest of this story, visit HuffingtonPost.com. [7]