Backstory: Understanding Libor

Thursday, July 26, 2012

Treasury Secretary Timothy Geithner told Congress yesterday that he warned UK officials about problems with the LIBOR interbank lending rate as early as four years ago. ProPublica’s Cora Currier joins us to explain the ongoing LIBOR scandal.


Cora Currier

Comments [1]

Ray in westchester

In addition to the big picture manipulation, wasn't some of the evidence presented at the UK hearings an indication that some individuals within Barclay were requesting some specific manipulation to make an ongoing deal/trasnaction for the simply benefit of that individual trader?

Jul. 26 2012 01:57 PM

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