Libor, the $370 Trillion Zombie That the Watchdogs Can’t Kill
Stacks of U.S. one-dollar bills (Photographer: Scott Eells/Bloomberg)

Libor, the $370 Trillion Zombie That the Watchdogs Can’t Kill

(Bloomberg Opinion) -- The tainted suite of interest rates known as the London Interbank Offered Rates is scheduled to be phased out by the end of 2021. But the benchmark for global borrowing costs...
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