Tucker: Libor Unveiled a London `Cesspit'

Bank of England Deputy Governor Paul Tucker said the Libor investigation unveiled a “cesspit” in the City of London and called for regulators to scrutinize all benchmarks that aren’t based on real transactions.

Full Show: Bloomberg Daybreak: Australia (03/24)
26:39 - Bloomberg Daybreak: Australia hosted by Haidi Lun and Betty Liu. Guests include Thomas Wright, fellow at Lowy Institute, and John Athanasiou, chief executive officer at Redleaf Securities. (Source: Bloomberg)
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