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Source: The Economics
A scandal over key interest rates is about to go global.
THE most memorable incidents in earth-changing events are sometimes the most banal. In the rapidly spreading scandal of LIBOR (the London inter-bank offered rate) it is the very everydayness with which bank traders set about manipulating the most important figure in finance.
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Solari Report Blog Commentaries
LIBOR Settlements and Head Chopping Roll On…
(2 July 12)
