Search results
Results from the WOW.Com Content Network
The children lived with their parents, Marina and Kevin Krim, in New York City. Lucia was known as "Lulu." [4] The family moved there from San Francisco in 2010. [5] Kevin Krim was a digital content executive at the television network CNBC. Marina Krim, a former kindergarten teacher, was a stay-at-home mother, art teacher, and blogger who ...
Libor is an average interest rate calculated through submissions of interest rates by major banks across the world. The scandal arose when it was discovered in 2012 that banks were falsely inflating or deflating their rates so as to profit from trades, or to give the impression that they were more creditworthy than they were. [3]
The LIBOR scandal is big, and getting bigger, as more and more entities line up to sue the bloomers off the big banks involved in the manipulation. What at first seemed almost non-newsworthy has ...
The investigation into the LIBOR rate-rigging scandal continues, with regulators and investigators tackling each of the banks involved one by one. Barclays and UBS settled previously for their ...
For those Fools who hoped the LIBOR manipulation scandal might finally confront the sins of big banking, a judgment Friday brought a swift disappointment. A judge ruled that the collusion of 20 ...
Why LIBOR Matters to You By messing with the LIBOR benchmark rates that are tied to an estimated $800 trillion of securities, the offending banks essentially played with matches in the middle of ...
Alamy Here's a quick rundown from the world of business and economics this morning: the things you need to know, and some you'll just want to know. • $300 trillion worth of loans and contracts.
Relationship to LIBOR scandal Other conspiracy theories have focused on the claim that Adam Lanza's father was an executive with GE Energy Financial Services . [ 6 ] [ 27 ] According to these theories, Lanza's father was supposed to testify before the Senate Banking Committee with information about the Libor scandal .