The misdeeds of a few rogue bankers in London are going to cause headaches for millions of American home buyers and homeowners. The bankers falsified a widely used interest rate index called the London Interbank Offered Rate, or Libor, during the financial crisis. They did it to make their banks look deceptively strong, the way a... Holden Lewis is a writer at NerdWallet.
Comment on Libor Phaseout Puts Adjustable-Rate Mortgages in Limbo
Holden Lewis, NerdWallet.com
Thu, 09/21/2017 - 12:50pm
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