How Barclays Manipulated the Libor Rates (VIDEO OF THE WEEK)
Music Video of the Week, 9 Jul 2012
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.
httpv://www.youtube.com/watch?v=aVtzzdX4cc4
This article originally appeared on Transcend Media Service (TMS) on 9 Jul 2012.
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