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

What If The Drought Doesn't End? 'The Water Knife' Is One Possibility

It's Chinatown meets Mad Max in writer Paolo Bacigalupi's new desert dystopia, filled with climate refugees, powerful state border patrols, and secret agents called water knives.
NPR

No Resume? Criminal Background? No Problem At This Yonkers Bakery

Social justice is part of the recipe at New York's Greyston Bakery. The firm, whose clients include Ben & Jerry's, hires locals whose legal status or work history might otherwise make them unhirable.
NPR

Senate Blocks Measures To Extend NSA Data Collection

The Senate worked late into the night but was not able to figure out what to do about expiring provisions in the Patriot Act that authorize the NSA's bulk collection of Americans' phone records.
NPR

The Future Of Cardiology Will Be Shown In 3-D

The Living Heart Project aims to create a detailed simulation of the human heart that doctors and engineers can use to test experimental treatments and interventions.

Leave a Comment

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