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Category: Contemporary Issues in Management: Dr. Swaroop Reddy

Love’s “Libor”Lost – Use, Misuse & Abuse of Statistics

Abstract: This article examines the Libor ((London Interbank Offered Rate) scandal which rocked the global financial markets in July 2012. The scandal involved the manipulation of the LIBOR rates which adversely affected the multi-trillion dollar derivatives markets worldwide. The financial irregularities, the analysis of the problem, the impact on the markets and potential solutions are […]

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