Joshua M. Brown on what you should know about the Libor scandal. | Business travel tips from Silicon Valley.
Business Day Live | July 12, 2012
Category: Fixed Income/Interest Rates, Legal, Video
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
There is one thing I know about the LIBOR scandal and that is
+ The 3-month rate 3 months ago was 47 basis points and
+ Today thanks to the discovery of this massive manipulation The 3-month rate rate has been corrected to 46 basis points.
WTF?