WEalth Creation: Massive Market Manipulation is the Name of The Paper Game

The Forex Scandal (also known as the forex probe) is a financial scandal that involves the revelation, that banks for at least a decade to manipulate the $5.3 trillion-a-day foreign exchang market for their own financial gain.  Upon investigation, currency dealers said they had been manipulating the currency exchange market for at least a decade.

The Libor Scandal was a series of fraudulent actions connected to the Libor (London Interbank Offered Rate) and also the resulting investigation and reaction. The scandal arose when it was discovered that banks were falsely inflating or deflating their rates so as to profit from trades, or to give the impression that they were more creditworthy than they were.[3] Libor underpins approximately $350 trillion in derivatives.

And excerpts from Matt Taibbi's "The Divide: American Injustice In The Age Of The Wealth Gap"

Also updates on current readings in Economics and Finance with Co-Host Malik Sharif.