NY Fed silent on Barclays' admission of Libor rigging: paper

-
As long as the Treasury secretary is a big banker or insider, the US will remain firmly in the pocket of the Fed chairman.

~~~

NY Fed silent on Barclays' admission of Libor rigging: paper: (Reuters) - Treasury Secretary Timothy Geithner, who was then head of the Federal Reserve Bank of New York, did not communicate in key meetings with top regulators that British bank Barclays had admitted to Fed staffers that it was manipulating Libor, the Washington Post said, citing people familiar with the matter.

Comments

Post a Comment

Popular posts from this blog

Hand Foot Mouth Disease in Adults

-
And now for something different... All sarcasm aside, it would appear I contracted Hand Foot Mouth Disease (HFMD) from my 3 year old son who picked it up from preschool. You can Google for HFMD for the particulars about it. All the info out there is geared for kids with absolutely no info on how it affects adults. Or more correctly put, "adults may get mild symptoms."  "Mild" my arse.  Hopefully this post will give adults some ideas on how to deal with an infection of their own. Day One On the afternoon of the third day after my son's lesions appeared on his hands and knees, I began to have a very sore throat. I've had sore throats before but this was different. Swallowing was painful to the point where I cut back on drinking regular fluids because of the discomfort. Normally when I catch a cold or feel like I'm beginning to feel under the weather, the sore throat is the first thing I notice. But this was easily discernibly different. That could b...
Read more