Basis Points: Searing New Novel Fictionalizes U.S. Govt-Sanctioned LIBOR Scandal - History's Biggest, Little-Kwn Fraud. Meticulously researched and masterfully crafted by Guy Herman, 'BASIS POINTS' fuses fact with fiction to recount history's biggest robbery ; a twenty-year ongoing fraud and collusion between major banks that was t only kwn to the U.S. Government, but fully supported by it. Costing consumers trillions from the malfeasance of large banks, acting heretofore with impunity, reveals even larger issues of greater consequence for many. Herman weaves the scandal around a fictional story of those involved, in a volume hailed a truly poignant work of art by critics.