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Wednesday, July 25, 2012

BBC News - Home: Libor design flawed says Geithner

BBC News - Home
The latest stories from the Home section of the BBC News web site.
thumbnail Libor design flawed says Geithner
Jul 25th 2012, 15:38

US Treasury Secretary Timothy Geithner says Libor's design gave banks both the incentive and the opportunity to distort the key interest rate.
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