 Image from a quicklink (Image by Unknown Owner) Details DMCA | Either new evidence needs to come to light, or the regulators who smiled and nodded and "Okayed" and "Mm hmmed" through the panic years are complicit with the banks now in the dock. They had ample opportunity to shut down this behavior, but nothing released by the New York Fed or the Bank of England suggests much more than a raised eyebrow at the time. If heads are going to continue to roll over Libor, they should also include those of Mr. Geithner and the rest of the regulators who let this slide. |
Read the rest of the story HERE:
At online.wsj.com
At online.wsj.com
