It's true. It was a bankers dream they could do it by themselves (unilaterally place an excessively high bid that they know gets rejected pushing another real high bid back into the pool to raise Libor or place an excessively low bid that gets rejected to push another 'genuine' low bid into the pool).
Of course they could also collude for an even bigger bang.
Bankers paradise - heads I win tails, I still win - even bigger.
PS under sentiment there should be an option for 'Pissed Off' and under position 'F***** by thieving bankers'.
