Culture of Greed and Arrogance: Minutes Show Bank of England was Aware of Currency Rigging Eight Years Ago
MishTalk
MARCH 10, 2014
Lawmakers will grill Carney tomorrow after the BOE suspended an employee and released minutes of meetings showing officials knew of concerns the foreign-exchange market was being rigged almost eight years ago. It was noticeably silent on what the Bank knew about other FX market participants.” trillion-a-day foreign-exchange market.
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