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"The Bank of England knew about the Libor rigging as it happened" Isn't the implication that BoE actually encouraged it in the first place, as opposed to just
by arca_vorago 10y ago
"The Bank of England knew about the Libor rigging as it happened"
Isn't the implication that BoE actually encouraged it in the first place, as opposed to just simply having knowledge of? The distinction is important.
- branchless 10y agoYes, because the UK was about to collapse due to rampant fraud, which the boe also allowed.