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I have only followed the story in passing but I believe LIBOR rates were fixed in a Bloomberg terminal chatroom called "The Cartel": https://www.buzzfeednews.c
by Permit 6y ago
I have only followed the story in passing but I believe LIBOR rates were fixed in a Bloomberg terminal chatroom called "The Cartel":
https://www.buzzfeednews.com/article/matthewzeitlin/why-banks-want-to-get-their-traders-out-of-chatrooms https://www.buzzfeednews.com/article/matthewzeitlin/why-bank...
It's hard for me to Google this because Bloomberg.com's own articles leave this out and simply refer to it as "a chatroom" not "a Bloomberg terminal chatroom".
- brownbat 6y agoThat's what I thought of. Some chat snippets here: https://www.businessinsider.com/read-the-bloomberg-chats-that-got-a-former-rbs-libor-trader-paul-white-banned-for-life-2016-4#heres-another-bloomberg-exchange-with-trader-a-at-092038-on-march-16-2009-4 https://www.businessinsider.com/read-the-bloomberg-chats-tha...