Chris Whalen, senior managing director at Tangent Capital Partners, talks with Bloomberg Law’s Lee Pacchia about the recent controversy surrounding Barclay’s settlement with regulators over allegations involving Libor manipulation. Whalen says there is a need to turn the rate into a “real market price” through a process that employs greater transparency as it is currently an “18th century process that has suddenly come running smack dab into the perception of 21st century investors and the public”.
July 12 (Bloomberg Law)
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.