Shocking Theory For Who's Behind Libor Scandal

Started by HuffingtonPost, Feb 22, 2013, 05:30 PM

HuffingtonPost



PARIS, Feb 22 (Reuters) - The European Commission suspects  the existence of cartels involved in manipulating lending  benchmarks such as Libor and Euribor, the EU's antitrust chief  said in a speech on Friday.                

Joaquin Almunia said that, in contrast with the approach  taken in the United States, EU regulators would seek to deal  with all suspected cartel participants together.

Via: HuffingtonPost