It's the equivalent of robbing a charity or a church fund to pay for lap dances.

Give a man a gun and he can rob a bank

Give a man a bank and he can rob the world

For the sharp witted insight into what the LIBOR scam is about see Matt Taibbi’s piece in Rolling Stone.  Rolling Stone - The Scam Wall Street Learned From the Mafia, Matt Taibbi

For the Reader’s Digest Illustrated & Condensed version see: LIBOR Illustrated from accountingdegree.net.

It's the equivalent of robbing a charity or a church fund to pay for lap dances.

Matt Tiabbi

When you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed.

Ayn Rand

I hope I shall possess firmness and virtue enough to maintain what I consider the most enviable of all titles, the character of an honest man.

George Washington, Letter to Alexander Hamilton