https://wallstreetonparade.com/2012/12/why-was-libor-rate-ri...
> What the complaint makes clear is that it should not have taken five years to bring these charges. The traders effectively handed the Justice Department a slam dunk case by documenting each maneuver to rig the international interest rate benchmark known as Libor via instant messages recorded on a Bloomberg computer terminal.
Do people slide around in their socks or is there some kind of bowling shoes esque system?
IB has been fully monitored by compliance since its inception, so nothing changed there. Whether or not firms have working compliance departments is probably the question you should be asking :)
If you IB a CEO with a Bloomberg account from some university or so, you'll probably have little success getting a reply either.