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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Barclay scandal. Show all posts
Showing posts with label Barclay scandal. Show all posts
Tuesday, July 24, 2012

Anonymous Libor Expert Explains on How the Fed has Destroyed LIBOR

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As explained by an anonymous Libor ‘trader’ expert, courtesy of the Business Insider , (bold emphasis added) LIBOR isn't really bas...
Thursday, July 19, 2012

Barclay’s LIBOR Scandal: Self Fulfilling Turmoil

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The Barclay’s LIBOR scandal seems to be rippling across the world. From the Bloomberg , Regulators from Stockholm to Seoul are re-exa...
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Sunday, July 08, 2012

Barclay’s Libor Scandal: The US Federal Reserve as the Biggest Manipulator

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Since 2008 it has been obvious that the US Federal Reserve through its manifold tools has been engaged in the manipulation of interest rates...
Wednesday, July 04, 2012

Barclay’s LIBOR Scandal: Is the Bank of England the Culprit?

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Barclays chief executive Bob Diamond recently resigned over allegations of the manipulation of the LIBOR (London Interbank Offered Rate) or ...
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