Wednesday, July 11, 2012

Infographics on the Libor scandal

During the 2008 "credit crunch", the Libor or London Interbank Offered Rate, controlled by the British Bankers' Association (BBA), was used by major banks as to mislead others about the financial position of these banks.

Both the Business Insider and the New York Times published infographics yesterday to explain this so-called Libor scandal.

News coverage (in Dutch):

  • Drong Bank of England aan op rentefraude? (VRT)
  • Voorzitter Barclays dient ontslag in (article, video report)
  • CEO van Barclays neemt ook ontslag (VRT)
  • Diamond excuseert zich voor "verwerpelijk gedrag" (article, video report)
  • Ex-CEO Barclays geeft zijn bonus op (article, video report)
  • Vier Europese grootbanken genoemd in Liborschandaal (VRT)
  • Zeven banken gedagvaard (VRT)


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