Morning Smoke: Why is Nobody Freaking Out About the LIBOR Banking Scandal?
From the Project On Government Oversight
MORNING SMOKE |
Where there’s smoke, there’s fire. POGO’s Morning Smoke is a collection of the freshest investigations, scoops, and opinions related to the world of government oversight. Have a story you’d like to see included? Contact POGO’s blog editor |
Financial Oversight
Why is Nobody Freaking Out About the LIBOR Banking Scandal?
Matt Taibbi, Rolling Stone
Bob Diamond, Former Barclays Chief, Says Regulators Complicit in Rates Scandal
Anthony Faiola, The Washington Post
Issa Report: VIP Loans Brought Influence
John Bresnahan, Politico
Judge Rules Against SEC in Stanford Claims Case
Sarah N. Lynch, Reuters
Barclays Not Alone in Making Claims on Rate, Diamond Says
The Associated Press
Lie More, as a Business Model
Simon Johnson, The New York Times
National Security
On the Way to BRAC Savings, a Legion of Cost Overruns
Walter Pincus, The Washington Post
Pentagon Keeps Ties to Contractor That’s Under Investigation
Tom Vanden Brook, USA Today
What Does a Quarter-Billion Dollars Buy?
Mark Thompson, Battleland
The Project On Government Oversight is a nonpartisan independent watchdog that champions good government reforms. POGO’s investigations into corruption, misconduct, and conflicts of interest achieve a more effective, accountable, open, and ethical federal government. Founded in 1981, POGO (which was then known as Project on Military Procurement) originally worked to expose outrageously overpriced military spending on items such as a $7,600 coffee maker and a $436 hammer. In 1990, after many successes reforming military spending, including a Pentagon spending freeze at the height of the Cold War, POGO decided to expand its mandate and investigate waste, fraud, and abuse throughout the federal government.
Throughout its history, POGO’s work has been applauded by Members of Congress from both sides of the aisle, federal workers and whistleblowers, other nonprofits, and the media.
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