Tag Archives: LIBOR scandal

Riddle Me This…What does Batman: Dark Knight Rises, Aurora Colorado Shooting and Sandy Hook Elementary Shooting have in common?


LIBOR. That’s what. LIBOR – the London Interbank Offered Rate – is a series of interest rates determined by a handful of representatives from the biggest banks in London. The rates are what the banks would charge other banks to borrow on different loan categories, which determines the global flow of billions of dollars and […]

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