An influential group of bankers comes up with the critical interest rate known as the LIBOR. The world uses it as a benchmark for how much to charge consumers on mortgages and other loans. For more on how the rate is set, Renee Montagne talks to Gillian Tett of the Financial Times.
Interest Rate Scandal Follow Up
By editor • Jul 19, 2012
Originally published on July 19, 2012 5:01 am