Well that was the case. Multi-bp LIBOR moves are pretty rare outside of exigent circumstances and the mechanics of doing so would be pretty tricky given that ou

Well that was the case. Multi-bp LIBOR moves are pretty rare outside of exigent circumstances and the mechanics of doing so would be pretty tricky given that outlier submissions are thrown out. Wilmott had a good article recently on the mechanics of the manipulation [1]. [1]: https://wilmott.com/the-libor-fix/ https://wilmott.com/the-libor-fix/