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Libor

Money Talking

Will the LIBOR Scandal Jump the Atlantic?

Monday, July 09, 2012

It's big news in Europe right now. Monday morning, before a British Parliamentary committee, a top official with the Bank of England is testifying.

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The Takeaway

Bad Behavior Continues for the Banking Industry

Friday, July 06, 2012

Ever since the 2008 financial crisis, we've heard story after story about bad behavior in the financial industry. In the most recent, bankers at Barclays were found to have rigged Libor, the London-based lending rate that is used throughout the world. The scandal led to the resignation of the former CEO of Barclays, Bob Diamond.

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Money Talking

Money Talking: How Serious Is the Barclays LIBOR Scandal?

Friday, July 06, 2012

Heads are rolling at the British bank Barclays after it admitted to rigging a key interest rate known as the LIBOR — short for "London Interbank Offered Rate."

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The Takeaway

Making Sense of the Libor Scandal

Thursday, July 05, 2012

The Libor scandal is a complex and messy situation involving interest rates in the United Kingdom, and some critics of the banks say it cuts at the jugular vein of capitalism. But what happened to make everyone so mad?

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