By: Interviews|14 July, 2012|Categories: Interview archive . PressTv
Press TV-On the edge with Max Keiser-Max Keiser talking to Paul Craig Roberts-07-16-2010(Part2) On the Edge with Max Keiser: Libor rigging crime In this edition of the show Max interviews Ed Harrison from CreditWritedowns.com. He talks about the British lender Barclays' manipulation of Libor, a measur…
Read more »By: algol|14 July, 2012|Categories: Articles & Columns . Guest Contributions
According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (UK central bank) at a low rate in order to obtain a cheap borrowing cost. The way this scandal is playing out is that the banks benefitted from borrowing at these low rates. Whereas this is true, it also…
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