Once Again Matt Taibbi Proves Me Irrelevant

In this case, he's all over the LIBOR manipulation scandal, where banks manipulated reporting of interbank lending rates in order to generate additional profits and create the illusion of financial health, with Barklays being at the center of the investigation for now (it's cooperating with authorities)

So just go read Taibbi on the emails and recorded conversations, the Royal Bank of Scotland joining the dance, and allegations that the Bank of England (the British central bank )directed the conspiracy, which are backed up by internal emails.

He's gets to the heart of the matter in a way that the non-financial wonk can understand.

Just go read him.