tag:blogger.com,1999:blog-3976760253516322294.post2128182842586993323..comments2023-07-16T00:53:00.535-07:00Comments on Bones Economics: Barclays LIBOR Rate Manipulation: In Banks We Trust?Ringohttp://www.blogger.com/profile/09506068154852505840noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3976760253516322294.post-82436127542942816872013-02-11T05:58:47.049-08:002013-02-11T05:58:47.049-08:00The LIBOR Rate also determines how much pensioners...The LIBOR Rate also determines how much pensioners earn from their pension entitlements. Sarah's Scenehttps://www.blogger.com/profile/17642587693150537848noreply@blogger.comtag:blogger.com,1999:blog-3976760253516322294.post-77949837597960361862012-08-16T06:07:59.815-07:002012-08-16T06:07:59.815-07:00The latest development of this LIBOR Rate fixing s...The latest development of this LIBOR Rate fixing scandal now revolves around the New York Attorney General and the Connecticut Attorney General serving subpoenas on 7 banks - i.e. Barclays, HSBC, RBS, JP Morgan Chase, CITI Group, UBS and Deutsche Bank. Might as well since LIBOR Rate transactions globally are worth 5-trillion US dollars. April Rainhttps://www.blogger.com/profile/17457473139568675050noreply@blogger.comtag:blogger.com,1999:blog-3976760253516322294.post-32970965779526263092012-07-20T06:22:46.432-07:002012-07-20T06:22:46.432-07:00US Federal Reserve chairman Ben Bernanke calls the...US Federal Reserve chairman Ben Bernanke calls the LIBOR Rate a "flawed benchmark" as far back as 2008. Bernanke also said he doesn't have full confidence of the system that sets the LIBOR Rate. By the way, how come OPEC can use the similar "arcane" method used in LIBOR Rate in setting the global price per barrel of crude oil and nobody protests?Leilahttps://www.blogger.com/profile/16848529011334078685noreply@blogger.com