Massive International Bank Scandal May Involve Tim Geithner

Just now watched James Rosen on Fox News explaining this to Jenna Lee and — despite the eye-glazing intricacies of the financial details involved — recognized it as a potentially major scandal:

Years before the Libor scandal ripped through the financial industry, Timothy Geithner sent a memo to the Bank of England calling for a slew of changes to make it harder for banks to rig this benchmark borrowing rate.