Articles

LIBOR Scandal: The Crime of the Century?

The twenty-first has been a banner century for financial and accounting scandals. Enron, the dot-com bust, the subprime mortgage crisis and the bank bailouts...

LIBOR Scandal: Yep, It’s as Bad as We Thought

When the LIBOR interest-rate fixing scandal broke wide open over the summer, I asked whether it was "The Crime of the Century." The answer to that question...

Banking’s Really Bad Day

Four years on from the financial crisis, new banking scandals still seem to break out every few months. But this week has been particularly bad for the industry...

The Money Cop

Four years on from the financial crisis, new scandals still seem to break out every few months. HSBC, the big British bank, just agreed to a $1.9 billion...

LIBOR Lending Rate Gets Overhaul (Sort Of)

The LIBOR money-market rates, widely used around the world as the benchmark for interest rates on mortgages, credit cards and billions of dollars worth of other...

How Barclays Rigged the Machine

Ever wonder why surveys about very personal topics (think sex and money) are done anonymously? Of course you don't, because it's obvious that people wouldn't...

How Barclays Loaded the LIBOR Dice

Ever wonder why surveys about very personal topics (sex, money) are done anonymously? Of course you don’t – because it’s obvious people wouldn’t tell the truth...

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Articles from Around the Web

Oil- price manipulation: the next Libor?

A scandal is brewing in Europe that could rival the Libor controversy, as the European Commission says it's probing suspected attempts to manipulate global oil prices. ...

US regulator group sees Libor rate as risk

A group of top U.S. regulators says the manipulation of a key global interest rate poses a risk to U.S. financial stability and are urging officials worldwide to work together to...