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View Diary: Economics Daily Digest: Geithner's goodbye (25 comments)

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  •  This LIBOR scandal? (4+ / 0-)
    Recommended by:
    DocGonzo, aliasalias, George Hier, jbob

    Described here?

    And this could finally be enough to make Americans stop reacting to the Libor scandal with "a shrug," as Joe Nocera recently put it, and push them closer to believing what Robert Shapiro, founder of economic advisory firm Sonecon, calls possibly "the biggest financial fraud in history."
    And here:
    The banks' alleged manipulation of the key benchmark interest rate may have cost municipalities, hospitals and other large non-profits as much as $600 million a year, according to one expert.

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