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    Banks May Have Manipulated Euribor Out Of Modesty

    The Libor scandal’s little brother, the Euribor scandal, is different from the Libor scandal in one important way. With Libor, banks are asked where they can borrow, and so if they can borrow at 2.5% and submit 2.4% then they’re lying. With Euribor, banks are asked where a prime bank can borrow, and so if […]

    / Feb 1, 2013 at 12:12 PM

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