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The end of LIBOR

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    The end of LIBOR

    Interesting report from the Bank Of England:

    https://www.bankofengland.co.uk/news...e-end-of-libor


    #2
    Wowser!

    A lot of specialist contractors made good money out of LIBOR.

    End of an era.
    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
    - Voltaire/Benjamin Franklin/Anne Frank...

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      #3
      WHat are the underlying reasons for ending LIBOR (whatever that is) ?

      edit: Oh, here we go: https://www.investopedia.com/terms/l/libor-scandal.asp
      Last edited by OwlHoot; 5 March 2021, 10:33.
      Work in the public sector? Read the IR35 FAQ here

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        #4
        Originally posted by cojak View Post
        Wowser!

        A lot of specialist contractors made good money out of LIBOR.

        So did Bob Diamond.

        qh

        He had a negative bluety on a quackhandle and was quadraspazzed on a lifeglug.

        I look forward to your all knowing and likely sarcastic and unhelpful reply.

        Comment


          #5
          Originally posted by OwlHoot View Post
          WHat are the underlying reasons for ending LIBOR (whatever that is) ?
          Fraud

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