• Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.

    "Everything Is Rigged: The Biggest Price-Fixing Scandal Ever". Article by Matt Taibbi, April 25, 2013.