I will reluctantly, gradually and artificially get my libors in line with the rest of the contributors as requested. I will be contributing rates which are nowhere near the clearing rates for unsecured cash and therefore will not be posting honest prices.
A Barclays banker responsible for reporting borrowing rates, who was told to make the bank look healthier by not revealing that borrowing costs had risen. Between healthcare reform and the Eurozone and this week being the Fourth of July, this is the most important story nobody’s talking about.
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andrewgraham posted this
