Give Libor Some Competition
In 2012, the London interbank offered rate -- Libor -- gained worldwide notoriety when it emerged that traders had conspired to manipulate this vital financial benchmark. Clearly, the system was broken and would have to be mended. Four years later, the repairs aren't finished.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Trump Falls on Ceremony. He Should Stop Trying.
- Richard Spencer Has Only Himself to Blame for Hecklers
- Sorry, President Trump. You're No Chester A. Arthur.
- Trump’s Quiet Campaign to Undermine Background Checks
- Who Has the World's No. 1 Economy? Not the U.S.
- Russia Is Using Marxist Strategies, and So Is Trump
- A Russian Take on 'The Americans' Scares Moscow Liberals