Despite Scandal, Wall Street Lines Up To Bid For LIBOR | WAMU 88.5 - American University Radio
Filed Under:

Despite Scandal, Wall Street Lines Up To Bid For LIBOR

Play associated audio
LIBOR — the London interbank offered rate — is being sold. How can an interest rate be sold? Well, like anything that is a brand name, LIBOR has value, even if that value has been undermined in recent years by scandal. The NYSE Euronext will acquire LIBOR from the British Bankers' Association. Terms of the deal have not been disclosed.
NPR

In 'Blue Eyed Boy,' Author Reveals Long Recovery From Facial Burns

Robert Timberg, who was disfigured by a land mine as a Marine in Vietnam, went on to become a successful journalist. His new memoir Blue Eyed Boy charts his struggle to recover from his wounds.
NPR

Widely Used Insecticides Are Leaching Into Midwest Rivers

Researchers found that a class of chemicals similar to nicotine used on corn and soy farms have run off into streams and rivers in the Midwest. There they may be harming aquatic life, like insects.
NPR

Jury Awards Former Gov. Ventura Nearly $2 Million In Defamation Case

Former Minnesota Gov. Jesse Ventura said his reputation had been damaged by an account of a fight in a book. In a split verdict, a federal jury agreed with him.
NPR

Solving The Scourge That Is Slow Hotel Wi-Fi

Hotels are happy to charge you $300 a night for a stay, but their Wi-Fi speeds are often too slow to stream a movie. Now, two competing sites are trying to solve the problem.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.