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| author | nic <ra@afu.re> | 2024-10-22 20:24:13 -0400 |
|---|---|---|
| committer | nic <ra@afu.re> | 2024-10-22 20:24:13 -0400 |
| commit | 6181d2c53c415f23f2691fde05db0ea5cbb6683b (patch) | |
| tree | 1cfdb55c0a2f47017684fb08c27edd9134043e68 /Finance/index.md | |
| parent | 7359376f0e3f9bc4cbc799508b7cd5ea0d92b46a (diff) | |
Auto from nzxt - Tue 22 Oct 2024 08:24:13 PM EDT
Diffstat (limited to 'Finance/index.md')
| -rw-r--r-- | Finance/index.md | 7 |
1 files changed, 7 insertions, 0 deletions
diff --git a/Finance/index.md b/Finance/index.md index 26f527b..f7082d6 100644 --- a/Finance/index.md +++ b/Finance/index.md @@ -31,3 +31,10 @@ odds = succesful outcome : unsucessful outcomes Utilities trade at 25-30% beta to the 2yr if the 2 year goes up in terms of yield and falls in value then the Utilities sector as a whole loses value and vice versa + + +# Manipulation of LIBOR during GFC + +- real manipulation done by central bankers & way worse than traders who where jailed +- in 07-08 all banks were consistenlty lying about the true cost of borrowing dollars by lowballing their funding rate which lead to a massively depressed LIBOR +- Peter Johnson - The low ball tapes |