N.Y. Fed May Have Known About Libor Problems In 2007

10 Jul 2012

The Federal Reserve Bank of New York may have known of problems with the setting of the London interbank offered rate as early as August as 2007 and had discussed proposed changes to Libor with British authorities several months later.

The Federal Reserve Bank of New York may have known of problems with the setting of the London interbank offered rate as early as August as 2007 and had discussed proposed changes to Libor with British authorities several months later.

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