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On LIBOR, Hubris and Fading Public Faith

November 16, 2012

Business Finance online

As the "LIBOR scandal" continues to unfold, it appears that Barclays Bank may not be the only major financial institution that manipulated LIBOR (London Inter-Bank Overnight Rate). While Barclays recently settled out of court in late June for $450 million, other major banks may also be caught up in this unethical and illegal behavior...Read More

Source: Business Finance online