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Tuesday, July 9, 2013

British Interest Rate Calculated by Canadian Financial Firm Sold to...

LIBOR, the global interest rate that is used to value $800 trillion in financial transactions and became famous when a bunch of overexcited bros conspired to rig it, has been sold for one British pound to NYSE Euronext.

http://nymag.com/daily/intelligencer/2013/07/libor-sold.html

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