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| author | nic <ra@afu.re> | 2024-12-05 11:45:53 -0500 |
|---|---|---|
| committer | nic <ra@afu.re> | 2024-12-05 11:45:53 -0500 |
| commit | f3e641ff9c41dbfae9a9d4aa956ef20275ae5e21 (patch) | |
| tree | 15660c313360a9727112ac1790e0e28b31fbdf60 /Finance/Research | |
| parent | d5f45fe60890ed15e05c2e9e4fc1c2305518b4aa (diff) | |
Auto from nzxt - Thu 05 Dec 2024 11:45:53 AM EST
Diffstat (limited to 'Finance/Research')
| -rw-r--r-- | Finance/Research/index.md | 8 |
1 files changed, 8 insertions, 0 deletions
diff --git a/Finance/Research/index.md b/Finance/Research/index.md index 4048794..abbd1c7 100644 --- a/Finance/Research/index.md +++ b/Finance/Research/index.md @@ -64,3 +64,11 @@ What not to do in EM - Have pair trade accross Developed market and EM - Believe you have political insight - Be surprised if the unexpected happens and nobody cares + +# Manipulation of LIBOR during GFC + +- real manipulation done by central bankers & way worse than traders who where jailed +- in 07-08 all banks were consistenlty lying about the true cost of borrowing dollars by lowballing their funding rate which lead to a massively depressed LIBOR +- Peter Johnson - The low ball tapes + + |