82,900
edits
LIBOR lowballing: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 4: | Line 4: | ||
In order not to further spook the market, the LIBOR submitters, allegedly under pressure from “upstairs” — it not being settled exactly ''how far upstairs'' — submitted rates materially lower than where they actually could borrow at the time. | In order not to further spook the market, the LIBOR submitters, allegedly under pressure from “upstairs” — it not being settled exactly ''how far upstairs'' — submitted rates materially lower than where they actually could borrow at the time. | ||
{{sa}} | |||
*[[LIBOR rigging]] | |||
*[[Interest rate swap misselling scandal]] | |||