What Is LIBOR Rigging? Why Should You Care?
What is LIBOR Rigging? LIBOR, which stands for London Interbank Offered Rate, is defined as the average benchmark interest rate at which the world’s 16
What is LIBOR Rigging? LIBOR, which stands for London Interbank Offered Rate, is defined as the average benchmark interest rate at which the world’s 16
We here at Bankers Anonymous love ex-bankers[1] so it makes sense to throw our two cents in to the discussion on the departure of Bob
After discussing in Part I the Bizarro World of government debt and the Part II Weapons of Mass Financial Destruction, in Part III we check
In Part I, I discussed an internal Clinton-era memo in which US Treasury department officials considered the consequences of paying off our national debt, by
Join me, if you will, in examining a time capsule from November 2000. A junior economist, burrowed deep in the cubicles of the US Treasury
There’s comedy, there’s high comedy, and then there’s Wall Street Journal Op-Eds. Phil Purcell writes this morning about the opportunity to cure “Too Big To
I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying to score points over next year’s budget – it is a weakness of our civil society. For reals. It’s also really fun for me.
We’ll let you know when we have new posts!