The LIBOR scandal is being called the "Wall Street scandal of all scandals" but the nature of this massive fraud can be hard to fathom. This nifty infographic from AccountingDegree.net gives non-finance folk an idea of what the scandal is all about.
The pint-size Manhattan bank's market cap of $2 billion is dwarfed by JPMorgan's $161.5 billion and BofA's $126.4 billion. Still, Signature has done far better for investors this year. By steering clear of risky derivatives and sticking with basic banking, Signature is thriving.