Question: LIBOR rigging has been reported in the press. Please read the following Wall Street articles on LIBOR rigging along with your own investigation. Then write
LIBOR rigging has been reported in the press. Please read the following Wall Street articles on LIBOR rigging along with your own investigation. Then write a report including the responses to the questions:
(1) What happened in the LIBOR?
(2) What were reported as a motivation of LIBOR rigging?
(3) Anyone or institutions penalized for the rigging?
(4) What would be the fate of LIBOR? Please discuss alternatives.
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