The Libor Scandal and the Price of Prosperity
Harvard Business Review
JUNE 29, 2012
This scandal isn't about price-fixing. It's about life, tragedy, and human potential. The most basic function of a financial system is to price money. Unless you believe that Abraham Lincoln, too, for a few extra bucks, might have joined Barclays as a Senior Advisor for "Human Resources.". It's not about a bank.
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