LogFAQs > #884658561

LurkerFAQs, Active DB, Database 1 ( 03.09.2017-09.16.2017 ), DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Major bombshell: The LIBOR benchmark for $trillions in transactions is made up
luigi13579 08/12/17 5:02:03 PM #5:	chill02 posted... explain it to me like I'm the average Youtube video commenter It was used to determine the rates for loan repayments and governed $350 trillion worth of transactions. According to the first article, 60% of mortgages in the US were based on it. <cite>luigi13579 posted [p:884658561] in Major bomb... [t:75664319]...</cite> <quote><cite>chill02 posted...</cite> <quote>explain it to me like I'm the average Youtube video commenter</quote> It was used to determine the rates for loan repayments and governed $350 trillion worth of transactions. According to the first article, 60% of mortgages in the US were based on it.</quote> ... Copied to Clipboard!
Topic List	Page List: 1