Connect to share and comment
July 19, 2012 12:16
Subscribe to Thomas Mucha on Facebook
Add Thomas Mucha to your circles

The LIBOR scandal meets Jon Stewart

You know it's a crisis when the Daily Show digs in. But here's why the LIBOR mess really matters.
Libor banks knew for yearsEnlarge
The headquarters of Barclays Bank in London, England. (Oli Scarff/Getty Images)
this story is part of globalpost's continuing coverage of world business. for more visit our new business page.

The financial information website Investopedia defines the London Interbank Offered Rate — or LIBOR — like this:

More
Syndicate content