The New York Times
June 25, 2014
Many of the world’s biggest banks have been ensnared in investigations by United States and British regulators into the manipulation of market rates, especially benchmark rates like the London Interbank Offered Rate, better known as Libor. To date, much of the attention has been on the possible effects of the rate manipulation on individuals and companies, who may end up paying too much, or too little, for loans, bonds or derivatives…Read More