Recently, the term Libor – short for London Interbank Offered Rate – has been brought to the foreground of world news, with a scandal unfolding through an admission of fraudulent banking practices by one of the United Kingdom’s most popular banking institutions. On June 27, 2012, Barclays Bank was fined $200 million by the Commodity [...]
What Is Libor – London Interbank Offered Rate History & Scandal is a post from the Money Crashers personal finance blog.
Source: http://www.moneycrashers.com/libor-rate-history/
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