Reuters joins MSM chorus accepting global knowledge of Libor frauds

Further to previous Slogposts about themultinational nature of Libor manipulation – and the authorities’ knowledge of the same – Reuters said this today….

‘The Federal Reserve Bank of New York may have known as early as August 2007 that the setting of global benchmark interest rates was flawed. Following an inquiry with British banking group Barclays Plc in the spring of 2008, it shared proposals for reform of the system with British authorities.