Libor’s New Manger Has Its Own Conflicts: Dwyer

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July 10 (Bloomberg) -- In today's "Morning Must Read," Bloomberg's Scarlet Fu and Sara Eisen recap the op-ed pieces and analyst notes providing insight behind today's headlines. They speak on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)

The new york stock exchange taking over libor.

$300 trillion.

Handing off the benchmark to owners profit ability depends on the credibility is not a bad idea.

It gives its new owner a billion reasons not to accept the status quo and it just not -- isn't right.

Did we steal libor from the british?

I think it is an important step in the financial markets.

It is the iconic independent index.

More contracts are based on libor than any other.

This gives us a new start.

I think it is a critical step in confidence.

Out of the washington post, an op ed from walmart is writing about new legislation that would require a few large employers like walmart to pay a starting rate is more than five dollars above the minimum wage.

He said that absolutely not and vote against this today.

It is also being taken up in washington where he is planning to expand walmart empire.

He says shopping dollars would stay in suburbs and appointment would remain in double digits.

It would be devastating.

He has threatened that they would not be able to continue expansion.

This is just about the district of columbia.

Those of you internationally, this is about the small region around our nation's capital?

Absolutely.

He wants this bill to be shot down and he wants the mayor to come out and veto it.

It makes sense to me.

You can't apply to one region.

This text has been automatically generated. It may not be 100% accurate.

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