LIBOR Scandal Broken Down By MSNBC's Chris Hayes

BARCLAYS CRIMINAL PROBE-FLASHBACK

As the Libor manipulation scandal at British banking giant Barclays continues to escalate with the launch of a criminal probe, U.S. traders, former regulators and finance executives say other firms likely engaged in such behavior -- and that inquiries could even lead to jail time.

On Tuesday, Barclays CEO Robert Diamond stepped down in the wake of a price-fixing scandal that is engulfing the international banking system. MSNBC's Up w/Chris Hayes dedicated a lengthy section of its show Saturday to unpacking the scandal. The introduction is above, followed by two segments below.

Final Segment

Edited By Cen Fox Post Team

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Posted in: 8th JULY 2012