Friday, October 28, 2016
Joined Nov 11, 2007
31,930 Blog Posts

NY Fed to Release Libor Documents Friday: Official

(Reuters) – The Federal Reserve Bank of New York will release on Friday documents showing it took “prompt action” four years ago to highlight problems with the benchmark interest rate known as Libor and to press for reform, an official at the regional U.S. central bank said on Wednesday.

Read the article here.

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One comment

  1. merica

    “Prompt action” my ass. How about a defenestration of all involved.