Criminal Law

A Huge Break in the LIBOR Banking Investigation - Matt Taibbi
``This is unbelievable, shocking stuff. A sizable chunk of the world's adjustable-rate investment vehicles are pegged to Libor, and here we have evidence that banks were tweaking the rate downward to massage their own derivatives positions....

On the LIBOR cartel front and Why and How Should the Libor Be Reformed
Posted by D. Daniel Sokol News on LIBOR is that Barclays has agreed to pay $450 million. See here for the CFTC Order. There is a very good new working paper on LIBOR. Rosa M. Abrantes-Metz Global Economics Group, LLC;...

What if Libor is Wrong
Is something fishy is going on with dollar Libor (London interbank offered rate)? Libor is supposed to approximate the average...

This week: Make a non-Mind Map
Reader Dwayne Phillips commented on last week's post: Before writing, I do a non-Mind Map. It sort of looks like a Mind Map, but it isn't as neat and organized as the Mind Maps I see people "publish...

BBA Announces Libor Reforms - What's the Impact
Today, the British Bankers Association (BBA) announced two measures to strengthen Libor as well as calling for comment on several other possible changes. Libor (the London Interbank Offered Rate) is the most widely referenced interest rate index in the world,...

You Can Rent My Mind
Prof. today... "That's what I get paid for, my mind. You're all renting my mind. And when you work as a lawyer, that's what you're doing: renting out your mind."...