Tom Hayes person
also: Hayes
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Claims (1)
Tom Hayes carried_out_attack
LIBOR Scandal documented
“He gets on the phone with a bunch of his cronies of traders all around the company. And instead of betting on which way LIBOR is going to go, that's the London Interbank Offering Rate, which a lot of major interest rates are set upon on a d…”
▶ The Shadow State 50 UBS - King of the Swiss Banks @ 57:45
Mentions (3)
▶ 57:18
Until another crisis approaches, because of course it does. All right. There is a guy by the name of Tom Hayes, 26-year-old, sitting on another desk in the UBS Trader in Tokyo, Japan. And he's placing multi-million dollar bets on interest r…
▶ 57:45
He gets on the phone with a bunch of his cronies of traders all around the company. And instead of betting on which way LIBOR is going to go, that's the London Interbank Offering Rate, which a lot of major interest rates are set upon on a d…
▶ 58:44
Yeah, they're making more. They're making more interest annually just in one year than they pay in fines. So it's worth the risk. Correct. And they've got to get out of jail free card. Hayes goes to jail. Hayes goes to jail. This kid, as th…