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Articles posted on Saturday, June 29, 2013

John Lanchester · Are we having fun yet?: The Biggest Scandal of All · LRB 4 July 2013

Saturday, June 29, 2013
Category: Finance

From www.lrb.co.uk

It seems bizarre that something so central to the global markets " $360 trillion of deals are pinned to Libor " should have such a strong element of invention or guesswork. The potential for abuse is immediately apparent.

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