Sunday, December 21, 2008

LIBOR Set to explode

Libor Risks ‘Re-Explosion’ Within 6 Months, ING Says

The London interbank offered rate, or Libor, may suffer a “re-explosion” by June should the financial crisis worsen. If this happens then armageddon is upon us.

Posted by mrb @ 09:43 PM (2960 views)
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