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Rigging the Rates – The Contagion Effect of Barclay’s Libor Scam
Posted by Fsokx,
26 July 2012 -
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2,443 views
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2,443 views
Barclay, Libor, Issue and 3 more...
Barclays’ recent Libor (London Inter-Bank Offer Rate) scandal has revealed the ability of big banks to fix the index or benchmark rate. Libor is the main index banks use for borrowing and lending purposes and includes a series of rates set daily by a group of international banks in London. It’s...
