2012-07-10huffingtonpost.com

"Fifteen years ago, the word was that LIBOR was being rigged," a financial industry veteran involved in the Libor process told the Economist. "It was one of those well kept secrets, but the regulator was asleep, the Bank of England didn't care, and...[the banks involved were] happy with the reference prices."


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread