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Barclays CEO Resigns Amid Libor Scandal; Is the Fed Involved?

Submitted by QuantumChange on Tue, 07/03/2012 - 16:14

in

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http://www.bbc.co.uk/podcasts/series/bizdaily

This pod cast interview from the BBC suggests Libor rate manipulations may have originated in the U.S. while most politicians looked the other way. Talks about decades of "secret" banking practices slowly coming to light. The program also discusses why culture in the U.S. results in Commercial Bank employees unwillingness to cooperate with regulators.

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