All Sorts of Things

Random posts on all sorts of things designed to inform and provoke.

Tag Archives: LIBOR

Global Economy: Settlement Exposes Underlying Weakness in Global Financial System but Offers No Solution

The London Interbank Offered Rate (LIBOR) and Euro Interbank Offered Rate (EURIBOR) are the benchmark interest rates used to set short term interest rates for over $10 trillion in loans … Continue reading

December 19, 2012 · Leave a comment