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NPR

Geithner Pointed Out LIBOR Concerns In 2008

We now know that U.S. Treasury Secretary Tim Geithner pointed out problems with the way London's key interest rates were set. He did this in 2008, in the midst of the financial crisis. At the time, Geithner was the head of the New York Federal Reserve. Barclays has agreed to pay U.S. and U.K. to settle charges the bank manipulated that interest rate.
NPR

Romney's Bermuda Account Raises Questions

The Republican presidential candidate has been hit with questions about his overseas investments all week. Mitt Romney's American lawyer and government officials in Bermuda are steering clear of the subject. But experts say, if you had the money, you'd do it too.
NPR

The European Central Bank's Guide To Influence

As heavily indebted European countries have seen their options dwindle, the ECB has flexed its muscle — and not always subtly.
NPR

County Considers Eminent Domain As Foreclosure Fix

California's San Bernardino County says seizing troubled properties would allow those homeowners to refinance their loans. Critics say the plan, if implemented, will be bad for business and could dissuade banks from making future loans in the county.
NPR

Lobster Glut, Low Prices Leave Boats High And Dry

The glut of lobsters is good news for consumers and food retailers, but lobster catchers are finding it hard to make a living. Prices are plummeting, and the lobstermen are staying away from their traps to save extra expenses.

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