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20.07.2012 - 19:07 [ Reuters ]

Geithner defends U.S. response to 2008 Libor concerns

The reliability of the London interbank offered rate, which underpins transactions worth trillions of dollars, has been rattled by revelations that bankers manipulated it to profit on trades and hide their own borrowing costs during the 2007-09 financial crisis.

Nachrichten Kategorie: Weltöffentlichkeit / World Public Opinion.

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