How Barclays Manipulated the Libor Rates (VIDEO OF THE WEEK)

Music Video of the Week, 9 July 2012

by Al Jazeera – TRANSCEND Media Service

The Barclays Bank scandal centres around a key interest rate known as Libor. Al Jazeera’s Dominic Kane reports on exactly what that is. We also speak to Bill Black, a former US banking regulator for more clarity on how this multi-trillion dollar fraud was perpetrated.

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