Following Barclays' Scandal, Stiglitz says 'Send Bankers to Jail'
<div class='node-body'><p>Nobel Prize winner and former World Bank economist Joseph Stiglitz has called recent revelations that Barclays and other large banks colluded to defraud their costumers by artificially leveraging international interest rates a "textbook illustration" of how banks use privileged information and lax oversight to reap rewards for themselves while savaging the wider societies in which they operate.</p></div><div class="field field-type-filefield field-field-news-hp-image">
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<p><a href="http://www.commondreams.org/headline/2012/07/02-4" target="_blank">read more</a></p>
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