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Anorak | LIBOR Climbs Aboard The Titanic

LIBOR Climbs Aboard The Titanic

by | 15th, November 2008
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I KNOW, just when you thought it was safe to go back into the water, sorry, financial markets, the vultures are circling as the rate at which banks lend dollars to each other, dollar LIBOR, starts climbing again.

If I were really cynical I would view this as a concerted attempt at persuading the Group of 20, who are meeting this weekend, to throw yet more taxpayers’ money at the banks so that they can

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Posted: 15th, November 2008 | In: Money Comments (4) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink