Barclays' Bond in 2008: Some Banks Mis-stated Rates

In an interview on May 29 2008 with Bloomberg Television, Tim Bond, then head of asset allocation at Barclays Capital, said that during the financial crisis banks routinely mis-stated borrowing costs to the BBA to avoid the perception they faced difficulty raising funds. This is a reposted exerpt.
Deadline Approaching for Greece's Reform Package
07:36 - Greylock Capital Director Andrey Popel and Bloomberg’s James Hertling discuss Greece’s new reform plans with Alix Steel on “Street Smart." (Source: Bloomberg)
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