Archive for the ‘01. Libor Scandal’ Category

Ex-RBS trader details bank’s Libor fixing

. . . . You can pause intro music below Ex-RBS trader details bank’s Libor fixing . Piggybankblog posted on 08/24/12 Cross linked on reuters.com . (Reuters) – A former dealer for the Royal Bank of Scotland Group PLC (RBS.L) has provided fresh details on how traders at the British bank tried to influence Libor [...]

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LIBOR’s risks emerged from clubby London’s banking culture. Looks like London Financial Bridge might be Falling Down.

. . . . You can pause intro music down below LIBOR’s risks emerged from clubby London banking culture . Piggybankblog posted on 08/19/12 Picture posted by Piggybankblog Cross linked with delawareonline.com With central bankers and market participants rushing to find an alternative to the London Interbank Offered Rate (or Libor), the interest-rate index that [...]

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JPMorgan, UBS Said Among Banks Queried in Libor Probe

. . . . You can pause intro music down below JPMorgan, UBS Said Among Banks Queried in Libor Probe . Piggybankblog posted on 08/16/12 Piggybankblog posted picture Cross linked with businessweek.com . JPMorgan Chase & Co. (JPM) and Barclays Plc (BARC) are among seven banks subpoenaed in New York and Connecticut’s investigation into alleged [...]

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“I Hope We See People In Handcuffs”: Neil Barofsky Weighs in on LIBOR Scandal

. . . . . You can pause intro music down below.  “I Hope We See People In Handcuffs”: Neil Barofsky Weighs in on LIBOR Scandal . Piggybankblog posted 07/26/12 Cross linked story with yahoo.com . Treasury Secretary Tim Geithner testified on Capitol Hill Wednesday and was challenged by lawmakers about his knowledge of the LIBOR-rigging [...]

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U.S. Is Building Criminal Cases in Rate-Fixing

. . . . . You can pause intro music down below. U.S. Is Building Criminal Cases in Rate-Fixing . Piggybankblog.posted on 07/15/12 Piggybankblog posted picture Cross linked artticle with dadbooknytimes.com As regulators ramp up their global investigation into the manipulation of interest rates, the Justice Department has identified potential criminal wrongdoing by big banks [...]

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New York Times, Gretchen Morgenson Applaud British, Issue Challenge To American Regulators Over LIBOR Scandal — Barclays Scandal

. . . . . You can pause intro music down below. New York Times, Gretchen Morgenson Applaud British, Issue Challenge To American Regulators Over LIBOR Scandal . Piggybankblog posted on 07/09/12 Cross linked with rollingstone.com The New York Times and its outstanding financial reporter, Gretchen Morgenson, have published an important article about the LIBOR banking [...]

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