Posted by Daniel on September 28, 2012
 The Economist (blog) |
Taking the lie out of LIBORThe Economist (blog)LIBOR (short for London Inter-Bank Offered Rate) has had a torrid time since it was revealed to be rotten back in June. A measure of the cost of lending for banks based in London, the rate has long been an obscure part of the plumbing of the global …
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