pull down to refresh

Wasn't there some scandal surrounding Libor back during the Great Recession?

I suppose I could look it up, but I probably won't.

2007 and 2008 and 2022 IIRC

Libor is 'scandalous' because sometimes their rates differ from the Federal Funds rate.

edit: https://www.investopedia.com/terms/l/libor.asp#toc-libor-rate-rigging-scandal

reply