The Special Inspector General for TARP, Christy Romero, has recommended that the Federal Reserve and the Treasury Department stop using LIBOR, the benchmark interest rate derived in such a slipshod way that it was rigged for years. But the Fed and Treasury aren’t taking Romero up on the request.
Fed, Treasury Refuse to Take Libor Out of TARP Programs |
| By: David Dayen Friday October 26, 2012 6:47 am |


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