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Libor loses credibility, may not be worth saving

Thursday, June 28, 2012 - 05:53

June 28 - The scandal of manipulation of the Libor rate by Barclays goes beyond simple market misdeeds. It's likely to hasten a fundamental reform in the way banks do business with each other.

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Libor loses credibility, may not be worth saving

Thursday, June 28, 2012 - 05:53