Two posts in one week – not my normal style. I promise not to inflict this on you again. After my post on Libor the other day, my friend Bill eloquently busted my chops. If you haven’t read his comment, you should. He made an eloquent case that the ends never justify the means, and … Continue reading Libor 2 – What Should Actually Scare You
Tag: Libor
Little White Libor
The big problem with the Libor rate fixing scandal is that no one seems to be able to figure out who the victims were. Barclay’s has been fined $450 million and had to fire its top three executives. Four other big European Banks are now in the spotlight, and it won’t be long before Citi, … Continue reading Little White Libor
