Saturday, July 14, 2012

Libor

  • LONDON/NEW YORK (Reuters) - Barclays alerted U.S.
  • (Reuters)
  • WASHINGTON (MarketWatch) — An unidentified employee of U.K.
  • (Marketwatch)
  • Rep. Peter Welch (D-Vt.) sent a letter to Attorney General Eric Holder Thursday, recommending he seriously look into the high profile Libor scandal thats swept across the U.K. and the U.S.
  • (Huffington Post)
  • WASHINGTON — The US Federal Reserve knew banks were lying about borrowing rates that are now at the center of a major global financial scandal as long ago as 2008, documents released Friday showed.
  • (Google)
  • ZURICH, July 13 (Reuters) - The Swiss National Bank looks set to stick to Libor as the cornerstone of monetary policy despite the growing scandal over the manipulation of the benchmark interest rate.
  • (Reuters India)
  • PITY the British Bankers' Association (BBA): it lacks the tools it needs to do its job. It sets one of finance's most important interest rates, but the prices it needs to do this do not exist.
  • (Economist.com)
  • RICHMOND, Virginia (Reuters) - A growing scandal surrounding manipulation of a key benchmark interest rate is feeding public anger towards banks, Richmond Federal Reserve bank President Jeffrey Lacker told Reuters in an interview on Friday.
  • (Chicago Tribune)

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