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Stock Market & Financial Investment News

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December 19, 2012
07:02 EDTJPM, DB, BCS, C, RBS, HBC, UBSGeithner warned on Libor concerns in 2008, FT reports
Treasury secretary Tim Geithner, while in his former role as president of the Federal Reserve Bank of New York, was warned in mid-2008 by a colleague about her concerns about banks’ deliberate misreporting their Libor borrowing rate to aid their own trading positions, according to Financial Times, citing unreported emails seen by the paper. Reference Link
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