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Posts Tagged ‘UBS executives Libor rigging’

Libor Scandal: UBS Bosses, ‘We Knew Nothing’

Posted by Larry Doyle on January 11th, 2013 8:49 AM |

Senior executives at major Wall Street banks claiming they ‘knew nothing‘ of the scandalous rigging of Libor that generated untold billions of dollars in revenue over a multi-year time period might only be compared to one other comedic actor. Which one is that? How could we ever forget  the fabulously funny . . .

While Schultz, Hogan and the boys brought enormous comic relief to so many, there is little to laugh about rigged markets and incomplete information emanating from Wall Street. (more…)

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