# Libor on The No Agenda Show Libor comes up in 16 chapters across 15 episodes of The No Agenda Show, from January 2009 to September 2025. - **Chapters:** 16 - **Episodes:** 15 - **Discussed:** January 2009 – September 2025 - **Related topics:** [Interest Rates](https://search.noagendashow.net/topic/interest-rates.md), [Banking](https://search.noagendashow.net/topic/banking.md), [Federal Reserve](https://search.noagendashow.net/topic/federal-reserve.md), [Banking Scandal](https://search.noagendashow.net/topic/banking-scandal.md), [Barclays](https://search.noagendashow.net/topic/barclays.md), [Ben Bernanke](https://search.noagendashow.net/topic/ben-bernanke.md), [Derivatives](https://search.noagendashow.net/topic/derivatives.md), [Drug Cartels](https://search.noagendashow.net/topic/drug-cartels.md), [Algorithms](https://search.noagendashow.net/topic/algorithms.md), [Bank Of England](https://search.noagendashow.net/topic/bank-of-england.md) ## Chapters 1–16 of 16 ### BRICS, 5D Chess, Global Financial Power Shift - **Episode:** [1799: Taproot](https://search.noagendashow.net/episode/1799-taproot.md) - **Published:** 2025-09-14 - **Time:** 1:35:25–1:41:05 - **Transcript:** https://search.noagendashow.net/episode/1799-taproot/chapter/brics-5d-chess-global-financial-power-shift.md Speculation arises that President Trump may be attempting to align the U.S. with Russia, India, and China to dismantle the European-dominated financial system. This "5D chess" strategy would target organizations like SWIFT and the City of London banks involved in the LIBOR scandal. The goal would be to replace the Anglo-Dutch imperial system with a new global trade framework involving a stablecoin or alternative currency. Keywords: [brics](https://search.noagendashow.net/topic/brics.md), [vladimir putin](https://search.noagendashow.net/topic/vladimir-putin.md), [narendra modi](https://search.noagendashow.net/topic/narendra-modi.md), [swift](https://search.noagendashow.net/topic/swift.md), [libor scandal](https://search.noagendashow.net/topic/libor-scandal.md) ### LIBOR Transition to SOFR and Federal Reserve Control - **Episode:** [1760: Mercenary Spyware](https://search.noagendashow.net/episode/1760-mercenary-spyware.md) - **Published:** 2025-05-01 - **Time:** 2:34:44–2:40:56 - **Transcript:** https://search.noagendashow.net/episode/1760-mercenary-spyware/chapter/libor-transition-to-sofr-and-federal-reserve-control.md The global financial system has officially transitioned from LIBOR (London Interbank Offered Rate) to SOFR (Secured Overnight Financing Rate) as the benchmark for setting interest rates. This shift moves control of interest rate standards from British banks to the Federal Reserve Bank of New York. The transition is described as a "long game" that allows the U.S. to maintain the dollar's dominance while ensuring internal control over domestic and international lending rates. Keywords: [libor](https://search.noagendashow.net/topic/libor.md), sofr, [federal reserve](https://search.noagendashow.net/topic/federal-reserve.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [bloomberg](https://search.noagendashow.net/topic/bloomberg.md), [banking](https://search.noagendashow.net/topic/banking.md) ### EU Bank Stress Tests, Financial Sector Suicides - **Episode:** [664: Boss Ass Look](https://search.noagendashow.net/episode/664-boss-ass-look.md) - **Published:** 2014-10-26 - **Time:** 1:52:12–1:58:32 - **Transcript:** https://search.noagendashow.net/episode/664-boss-ass-look/chapter/eu-bank-stress-tests-financial-sector-suicides.md Twenty-five European Union banks failed a recent stress test, revealing a capital shortfall of nearly 32 billion euros. Amidst this financial instability, the segment notes the suspicious suicides of a partner of former IMF head Dominique Strauss-Kahn and a senior Deutsche Bank lawyer, Carlo Girombelli. The lawyer was reportedly involved in LIBOR manipulation negotiations, leading to speculation regarding the nature of these deaths. Keywords: [deutsche bank](https://search.noagendashow.net/topic/deutsche-bank.md), [imf](https://search.noagendashow.net/topic/imf.md), [dominique strauss-kahn](https://search.noagendashow.net/topic/dominique-strauss-kahn.md), [libor](https://search.noagendashow.net/topic/libor.md), carlo girombelli, [suicide](https://search.noagendashow.net/topic/suicide.md) ### Poverty Statistics, Sequester Budget Cuts, Detroit Derivatives - **Episode:** [535: Swivel-Chair Speed](https://search.noagendashow.net/episode/535-swivel-chair-speed.md) - **Published:** 2013-08-01 - **Time:** 1:14:24–1:18:57 - **Transcript:** https://search.noagendashow.net/episode/535-swivel-chair-speed/chapter/poverty-statistics-sequester-budget-cuts-detroit-derivatives.md A USA Today report based on Associated Press data claims four out of five American families are near poverty, with the majority being white. The "sequester" budget cuts are explained as merely reductions in planned spending increases rather than actual cuts to existing budgets. Additionally, European banks are reportedly on the hook for derivatives related to Detroit's bankruptcy, and Philadelphia is suing banks over the LIBOR scandal. Keywords: [poverty](https://search.noagendashow.net/topic/poverty.md), [usa today](https://search.noagendashow.net/topic/usa-today.md), [sequester](https://search.noagendashow.net/topic/sequester.md), [detroit](https://search.noagendashow.net/topic/detroit.md), [libor scandal](https://search.noagendashow.net/topic/libor-scandal.md) ### Conspiracy Theories and National Security Letters, Batman Movie Map - **Episode:** [472: Conheads in Mexico](https://search.noagendashow.net/episode/472-conheads-in-mexico.md) - **Published:** 2012-12-23 - **Time:** 1:42:14–1:44:51 - **Transcript:** https://search.noagendashow.net/episode/472-conheads-in-mexico/chapter/conspiracy-theories-and-national-security-letters-batman-movie-map.md The hosts discuss various fringe theories, including a map in the *Dark Knight Rises* movie that allegedly references Sandy Hook. They transition into a serious discussion on National Security Letters (NSLs), which allow the government to silence individuals under threat of imprisonment. They suggest such tools could be used to manage the narrative of major national events. Keywords: [national security letters](https://search.noagendashow.net/topic/national-security-letters.md), [batman](https://search.noagendashow.net/topic/batman.md), [libor](https://search.noagendashow.net/topic/libor.md), [blackmail](https://search.noagendashow.net/topic/blackmail.md), [ndaa](https://search.noagendashow.net/topic/ndaa.md) ### UBS LIBOR Fine, Global Interest Rate Rigging - **Episode:** [472: Conheads in Mexico](https://search.noagendashow.net/episode/472-conheads-in-mexico.md) - **Published:** 2012-12-23 - **Time:** 2:37:20–2:40:02 - **Transcript:** https://search.noagendashow.net/episode/472-conheads-in-mexico/chapter/ubs-libor-fine-global-interest-rate-rigging.md Swiss bank UBS was ordered to pay a $1.5 billion fine for its role in rigging the LIBOR interest rate. The bank admitted to wire fraud through its Tokyo branch. The hosts argue that the fine is a "slap on the wrist" compared to the trillions of dollars in transactions affected by the manipulation. Keywords: [ubs](https://search.noagendashow.net/topic/ubs.md), [libor](https://search.noagendashow.net/topic/libor.md), [wire fraud](https://search.noagendashow.net/topic/wire-fraud.md), [banking scandal](https://search.noagendashow.net/topic/banking-scandal.md), [fannie mae](https://search.noagendashow.net/topic/fannie-mae.md) ### LIBOR Scandal, Michael Harris Israel Conspiracy Theory - **Episode:** [471: Spying is Sharing](https://search.noagendashow.net/episode/471-spying-is-sharing.md) - **Published:** 2012-12-20 - **Time:** 16:44–20:54 - **Transcript:** https://search.noagendashow.net/episode/471-spying-is-sharing/chapter/libor-scandal-michael-harris-israel-conspiracy-theory.md The hosts debunk internet rumors linking the Sandy Hook and Aurora shooters' fathers to the LIBOR scandal. They also play a clip from Michael Harris on Iranian Press TV, who claims the Connecticut shooting was a "Zionist" revenge killing following UN recognition of Palestine. Keywords: [libor scandal](https://search.noagendashow.net/topic/libor-scandal.md), michael harris, [press tv](https://search.noagendashow.net/topic/press-tv.md), [israel](https://search.noagendashow.net/topic/israel.md), [sandy hook](https://search.noagendashow.net/topic/sandy-hook.md) ### LIBOR Scandal and Standard Chartered Allegations - **Episode:** [433: Hanseatic League](https://search.noagendashow.net/episode/433-hanseatic-league.md) - **Published:** 2012-08-09 - **Time:** 2:10:45–2:15:19 - **Transcript:** https://search.noagendashow.net/episode/433-hanseatic-league/chapter/libor-scandal-and-standard-chartered-allegations.md The LIBOR manipulation scandal continues to expand as banks begin suing one another over derivative losses. Meanwhile, Standard Chartered is accused of laundering billions for the Iranian government, which some suggest may be a tactic to lower the bank's stock price for a potential takeover. Keywords: [libor](https://search.noagendashow.net/topic/libor.md), standard chartered, [iran](https://search.noagendashow.net/topic/iran.md), [ben bernanke](https://search.noagendashow.net/topic/ben-bernanke.md), [federal reserve](https://search.noagendashow.net/topic/federal-reserve.md) ### Robert Holmes, LIBOR Scandal, Aurora Shooter Connection - **Episode:** [430: Burka Bellyflop](https://search.noagendashow.net/episode/430-burka-bellyflop.md) - **Published:** 2012-07-29 - **Time:** 38:54–40:23 - **Transcript:** https://search.noagendashow.net/episode/430-burka-bellyflop/chapter/robert-holmes-libor-scandal-aurora-shooter-connection.md The hosts discuss an unreported angle involving James Holmes's father, Robert Holmes, who reportedly developed algorithms to uncover the LIBOR banking scandal. Claims are made that the elder Holmes was scheduled to testify before the Senate against major banks. The hosts speculate that the timing of the Aurora shooting and the shooter's subsequent "amnesia" are suspicious given these financial connections. Keywords: robert holmes, [james holmes](https://search.noagendashow.net/topic/james-holmes.md), [libor scandal](https://search.noagendashow.net/topic/libor-scandal.md), [algorithms](https://search.noagendashow.net/topic/algorithms.md), [senate testimony](https://search.noagendashow.net/topic/senate-testimony.md) ### 2008 Financial Crisis, LIBOR Scandal, Sheila Bair - **Episode:** [428: Muslim Hugger](https://search.noagendashow.net/episode/428-muslim-hugger.md) - **Published:** 2012-07-22 - **Time:** 1:17:47–1:22:29 - **Transcript:** https://search.noagendashow.net/episode/428-muslim-hugger/chapter/2008-financial-crisis-libor-scandal-sheila-bair.md Analysis from Max Keiser and Stacey Herbert suggests the 2008 financial crisis was exacerbated by drug cartels withholding liquidity from U.S. banks. The discussion transitions to the LIBOR scandal, featuring an interview with former FDIC chair Sheila Bair, who appeared to struggle when asked if she had prior knowledge of the interest rate manipulation. Keywords: max kaiser, [drug cartels](https://search.noagendashow.net/topic/drug-cartels.md), [libor](https://search.noagendashow.net/topic/libor.md), [sheila bair](https://search.noagendashow.net/topic/sheila-bair.md), [fdic](https://search.noagendashow.net/topic/fdic.md), [federal reserve](https://search.noagendashow.net/topic/federal-reserve.md) ### HSBC Money Laundering, LIBOR and Drug Cartels - **Episode:** [427: Huma-Gate](https://search.noagendashow.net/episode/427-huma-gate.md) - **Published:** 2012-07-19 - **Time:** 1:37:12–1:42:52 - **Transcript:** https://search.noagendashow.net/episode/427-huma-gate/chapter/hsbc-money-laundering-libor-and-drug-cartels.md The U.S. Senate accused HSBC of massive money laundering for drug cartels and terrorist organizations. Adam Curry links this to the LIBOR scandal, suggesting that drug money provided necessary liquidity for interbank loans during the financial crisis. He references United Nations reports estimating that hundreds of billions in drug profits are laundered through the global banking system annually. Keywords: [hsbc](https://search.noagendashow.net/topic/hsbc.md), [money laundering](https://search.noagendashow.net/topic/money-laundering.md), [libor](https://search.noagendashow.net/topic/libor.md), [drug cartels](https://search.noagendashow.net/topic/drug-cartels.md), [united nations](https://search.noagendashow.net/topic/united-nations.md), interbank loans ### LIBOR Manipulation Scandal, BBC Explainer, and Bank Fines - **Episode:** [424: Internet Governance](https://search.noagendashow.net/episode/424-internet-governance.md) - **Published:** 2012-07-08 - **Time:** 6:58–10:56 - **Transcript:** https://search.noagendashow.net/episode/424-internet-governance/chapter/libor-manipulation-scandal-bbc-explainer-and-bank-fines.md The BBC provides an overview of the London Interbank Offered Rate (LIBOR) manipulation scandal involving Barclays and other major global banks. The manipulation affects interest rates for mortgages, student loans, and the $800 trillion derivatives market. Criticism is directed at the Financial Services Authority (FSA) for a system where fines paid by corrupt banks are redistributed to other member banks to reduce their fees. Keywords: [libor](https://search.noagendashow.net/topic/libor.md), bclays, [bank of england](https://search.noagendashow.net/topic/bank-of-england.md), [derivatives](https://search.noagendashow.net/topic/derivatives.md), financial services authority ### LIBOR Interest Rate Fixing Scandal and Derivatives Market - **Episode:** [423: Wonderful Marinade](https://search.noagendashow.net/episode/423-wonderful-marinade.md) - **Published:** 2012-07-05 - **Time:** 22:08–26:24 - **Transcript:** https://search.noagendashow.net/episode/423-wonderful-marinade/chapter/libor-interest-rate-fixing-scandal-and-derivatives-market.md The LIBOR scandal has exposed widespread manipulation of the London Interbank Offered Rate by major global banks. This benchmark rate influences interest rates for trillions of dollars in financial products, including the $600 trillion derivatives market. Analysts warn that lawsuits resulting from the rigging could potentially unwind the global derivatives trade if more banks are found to be involved. Keywords: [libor](https://search.noagendashow.net/topic/libor.md), [barclays](https://search.noagendashow.net/topic/barclays.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [derivatives](https://search.noagendashow.net/topic/derivatives.md), [cnbc](https://search.noagendashow.net/topic/cnbc.md), [banking scandal](https://search.noagendashow.net/topic/banking-scandal.md) ### Barclays LIBOR Scandal and Municipal Bond Rigging - **Episode:** [421: Don't Be Nosey](https://search.noagendashow.net/episode/421-don-t-be-nosey.md) - **Published:** 2012-06-28 - **Time:** 55:55–1:02:38 - **Transcript:** https://search.noagendashow.net/episode/421-don-t-be-nosey/chapter/barclays-libor-scandal-and-municipal-bond-rigging.md Barclays was fined nearly $750 million for manipulating the LIBOR interest rate, which affects trillions of dollars in global loans and mortgages. Additionally, a report by Matt Taibbi in Rolling Stone details how banks used "mafia tactics" to rig municipal bond auctions, skimming billions from schools and hospitals through kickbacks and price-fixing. Keywords: [barclays](https://search.noagendashow.net/topic/barclays.md), [libor](https://search.noagendashow.net/topic/libor.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [matt taibbi](https://search.noagendashow.net/topic/matt-taibbi.md), [corruption](https://search.noagendashow.net/topic/corruption.md), [banking](https://search.noagendashow.net/topic/banking.md) ### LIBOR Panic and Global Economic Instability - **Episode:** [310: Hail the Foot](https://search.noagendashow.net/episode/310-hail-the-foot.md) - **Published:** 2011-06-05 - **Time:** 1:47:49–1:50:59 - **Transcript:** https://search.noagendashow.net/episode/310-hail-the-foot/chapter/libor-panic-and-global-economic-instability.md A financial analyst expresses near-panic over the lack of yield for money managers, warning that the world is on the verge of a "great, great depression." The London Interbank Offered Rate (LIBOR) remains a central focus as interest rates are kept low by the Federal Reserve under Ben Bernanke. The analyst suggests that an "innovation slowdown" and the high number of underwater homeowners are contributing to a stagnant and dangerous economic environment. Keywords: [libor](https://search.noagendashow.net/topic/libor.md), [ben bernanke](https://search.noagendashow.net/topic/ben-bernanke.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [great depression](https://search.noagendashow.net/topic/great-depression.md), innovation slowdown, [finance](https://search.noagendashow.net/topic/finance.md) ### UK Tracker Mortgages, LIBOR and Interest Rates - **Episode:** [64: Carbon Credits and the CIA](https://search.noagendashow.net/episode/64-carbon-credits-and-the-cia.md) - **Published:** 2009-01-03 - **Time:** 50:43–52:13 - **Transcript:** https://search.noagendashow.net/episode/64-carbon-credits-and-the-cia/chapter/uk-tracker-mortgages-libor-and-interest-rates.md In the United Kingdom, interest rates on savings accounts have dropped to 0.1%, falling below the rate of inflation. Banks are reportedly preventing "tracker mortgages"—which follow the LIBOR rate—from dropping further, despite contractual agreements. This move by financial institutions is criticized as a breach of contract that would likely lead to lawsuits in the United States. Keywords: tracker mortgages, [libor](https://search.noagendashow.net/topic/libor.md), [inflation](https://search.noagendashow.net/topic/inflation.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md), [banking](https://search.noagendashow.net/topic/banking.md) --- This is the markdown version of a page on The No Agenda Show for AI agents. Every public page on this site has one: add `.md` to its URL, or request it with `Accept: text/markdown`. - [Site index for agents (llms.txt)](https://search.noagendashow.net/llms.txt) - [Home](https://search.noagendashow.net/index.md) - [Search transcripts](https://search.noagendashow.net/search.md) - [All episodes](https://search.noagendashow.net/episodes.md) - [Topics](https://search.noagendashow.net/topics.md) - [People](https://search.noagendashow.net/people.md)