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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (7803)5/27/2008 5:33:03 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71456
 
Rates a `Lie'

The BIS said in a March report that some lenders may have ``manipulated'' rates.
Strategists such as Bond at Barclays went as far as calling the reported rates a ``lie.''

The BBA said on April 16 that any member deliberately understating rates would be banned.