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Day: December 9, 2013

  • Home
  • 2013
  • December
  • 9
Category: Blog/Featured

‘Rigging’ the market for fun and profit

Posted On December 9, 2013September 21, 2021 By D. T. Cochrane

DT Cochrane The EU has fined a selection of European and U.S. American banks €1.7 billion for rigging major interest-rate benchmarks. The article notes that the benchmarks – Libor, and the Tokyo and euro area interbank – are used in the pricing of hundreds of trillions of assets. The problem, according to the prosecutors, is […]

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