WAMU 88.5 : The Diane Rehm Show

The Global Banking Scandal

The deputy governor of the Bank of England Paul Tucker goes before the British Parliament today as part of a widening probe into bank manipulation of a key interest rate. He will be quizzed about whether banks were encouraged to lie about the LIBOR during the 2008 financial crisis. LIBOR is the acronym for London interbank overnight rate, used to set interest rates for trillions of dollars of contracts worldwide. The scandal has already cost Barclays Bank its top three officials. As part of a $450 million dollar settlement with U.S. and U.K. regulators, the British banking giant admitted to rigging the LIBOR as early as 2005. The probe has widened to most global banks. Joining Diane to discuss the fallout are University of Maryland School of Law professor Michael Greenberger, chairman of the Commodity Futures Trading Commission Gary Gensler, Francesco Guerrera of The Wall Street Journal and Andrew Palmer of The Economist.


ABC Celebrates 50th Anniversary Of 'A Charlie Brown Christmas'

ABC will air "It's Your 50th Christmas Charlie Brown" Monday night. On the classic Christmas cartoon's golden anniversary, NPR explores what makes this ageless special endure.

L.A.'s Top Restaurant Charts New Waters In Sustainable Seafood

Providence is widely considered the finest restaurant in Los Angeles. Its award-winning chef, Michael Cimarusti, is piloting Dock to Dish, a program that hooks chefs up directly with local fishermen.

Top Paper's Endorsement Doesn't Always Equal Success In New Hampshire

New Jersey Gov. Chris Christie nabbed the backing of the New Hampshire Union Leader this weekend, citing his executive and national security experience. But that doesn't mean he's guaranteed a win.

Big Data Predicts Centuries Of Harm If Climate Warming Goes Unchecked

It took about 30 teams of scientists worldwide, using supercomputers to churn through mountains of data, to see patterns aligning of what will happen decades and centuries from now.

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