Comment on The costs of Libor rigging

The costs of Libor rigging

The state may have lost up to $136 million in the scandal involving banks rigging a global interest rate benchmark known as Libor to conceal their troubles, Gov. Cuomo’s budget office estimates. Prior to the financial crisis, the state had $6 billion in transactions known as interest-rate swaps.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News