The Securities Litigation Expert Blog

Can Libor be Fixed?

Posted by Jack Duval

Sep 28, 2012 10:08:22 AM

The indefatigable Floyd Norris, writing in The New York Times, outlines the problems with fixing Libor as it exists today.  The article can be found here.

While there can be no doubt that the world needs a no-risk reference rate, I doubt that Libor can be salvaged.

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Topics: LIBOR, The New York Times, Floyd Norris

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