International Interest Rate Scandal Rumbles Forward | WAMU 88.5 - American University Radio
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International Interest Rate Scandal Rumbles Forward

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An influential group of bankers comes up with the critical interest rate known as the LIBOR. The world uses it as a benchmark for how much to charge consumers on mortgages and other loans. For more on how the rate is set, Renee Montagne talks to Gillian Tett of the Financial Times.
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