Entire Decade Wasted at Expense of Common Sense

So much easier said than done, this saga has now extended to nearly mark an entire decade spent wasted on bureaucratic demands at the expense of common sense. Typical, I know. However, the stakes couldn’t be higher. This is the lynchpin which holds together vast expanses of global credit and money, trillions in loans and debt along with hundreds of trillions gross notional to derivatives contracts.

Yes, LIBOR.

 

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes