New Book Reveals Central Banks’ Role in Libor and Euribor Rate-Rigging Scandals


New Book Reveals Central Banks' Role in Libor and Euribor Rate-Rigging ScandalsAccording to an extract from a book called “Rigged,” central banks and global policymakers helped coordinate the rate-rigging scandals Libor and Euribor on a large scale. Written by Andy Verity, the book exposes how various central banks and politicians exerted pressure on banks during the Great Financial Crisis (GFC). This coordinated effort sheds light on […]