nakedempire


The American Empire in a Changing World



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Wednesday, August 29, 2012

''Libor’s Trillion-Dollar Question''

From Bloomberg

''The global investigation into the manipulation of Libor has so far done a good job of exposing how bankers corrupted one of the world’s most important financial indicators. Now authorities need to take a giant step further: Make banks release the data needed to determine how much damage was done and who should bear the most responsibility.''

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