Geithner Pressed BofE on Libor Pressed On Libor

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Geithner Pressed BofE on Libor Pressed On Libor

Timothy Geithner as head of the Federal Reserve Bank of New York urged the Bank of England in 2008 to make changes in the way the London interbank offered rate is set, with six recommendations, including “procedures designed to prevent accidental or deliberate misreporting," according to documents obtained by Reuters.

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