Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
Showing Original Post only (View all)Geithner drawn into Libor scandal [View all]
Source: Washington Post
Documents obtained by The Washington Post show that Timothy F. Geithner, in an e-mail dated June 1, 2008, made six recommendations to the head of the Bank of England to reform the London interbank offered rate, known as Libor, while he was president of the Federal Reserve Bank of New York.
Read more: http://www.washingtonpost.com/business/economy/geithner-drawn-into-libor-scandal/2012/07/12/gJQArDhbgW_story.html?wpisrc=al_comboNE
As if this really surprises anyone, right?
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
51 replies, 10186 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (18)
ReplyReply to this post
51 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Geither had just been appointed in 2008, and it sounds like he gave reasonable advice. There is no
pnwmom
Jul 2012
#14
1) NY Fed knew for at least a year before any sort of memo was sent. 2) Nothing was said publicly.
leveymg
Jul 2012
#51
Where have you pulled "he discovers that Barclays is not giving accurate information" from?
muriel_volestrangler
Jul 2012
#32
But the OP gives the distinct impression that you think the article indicates he did something wrong
drm604
Jul 2012
#12
The $200 billion bail-out for predator banks and Spitzer charges are intimately linked
midnight
Jul 2012
#27
new WaPo headline: Geithner made recommendations on Libor in 2008, documents show
maddezmom
Jul 2012
#37
Yep, that was a better headline, more information with the same conclusion...
MrMickeysMom
Jul 2012
#41