Trader Claims Rate Rigging Scandal Dates Back To 1991

Trader Claims Rate Rigging Scandal Dates Back To 1991: In the Financial Times today, a former trader for Morgan Stanley claims that rigging of the LIBOR rate has been going on since at least 1991. Revelations that LIBOR — a key benchmark for interest rates — was being rigged has caused a wide-reaching scandal in both European and American financial circles, and could lead [...]/p