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I heard about "LIBOR fixing" but this was the most detail I found on it so far. (To be fair I've been busy and haven't gone proactively digging for information
by danielweber 14y ago
I heard about "LIBOR fixing" but this was the most detail I found on it so far. (To be fair I've been busy and haven't gone proactively digging for information on it.)
- intended 14y agoThe always interesting Matt tabibi - http://www.rollingstone.com/politics/blogs/taibblog/why-is-nobody-freaking-out-about-the-libor-banking-scandal-20120703 http://www.rollingstone.com/politics/blogs/taibblog/why-is-n... The always good ft/alphaville http://ftalphaville.ft.com/blog/2012/07/09/1075161/almost-everyone-goes-mental-about-libor/ http://ftalphaville.ft.com/blog/2012/07/09/1075161/almost-ev... You can read the trader emails which were part of the initial explosion http://www.thedailybeast.com/articles/2012/07/05/barclays-settlement-the-worst-of-the-emails.html http://www.thedailybeast.com/articles/2012/07/05/barclays-se... I thought this was a great line "One trader had a few choice words of advice for another: “This is the way you pull off deals like this chicken, don’t talk about it too much … the trick is you must not do this alone … this is between you and me but really don’t tell ANYBODY.” " I'll dig up more if I can. Do note that the big picture blog would also probably be talking about this, and there was an economist article on hacker news a day or two ago.