Can we rely on LIBOR? - Tom Spencer consulting blog
Tom Spencer
MARCH 6, 2012
Definitions. Bremmer highlights the importance of LIBOR by explaining that it is “a key benchmark rate that affects the price of $350 trillion worth of securities and loans around the world.” The global financial crisis of 2008 was caused by an act of deception (or rather, many acts of deception). Helpful Links.
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