Latest LIBOR News

LIBOR Scandal More Than Fraud – Whole Game Is Rigged
Costas Lapavitsas: From multimillion dollar losses by cities like Baltimore to pension fund losses and much more, the LIBOR interest rate scandal shows that such mechanisms must be taken out of the hands of banks and be run in public interest.
Read more on Truth-Out

Gensler Criticizes Libor at CFTC Roundtable
Gensler, who leads the agency that initiated the investigation of rate manipulation, has frequently questioned the long-term viability of Libor and other benchmark rates, stating how underlying markets must be based on transactions – not estimates …
Read more on CFTC Law

Timeline: How the Libor scandal unfolded
(Reuters) – Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal over rate rigging. Libor rates are based on …
Read more on Reuters

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Spanish Crisis Triggers Real Estate Price Collapse

Baltimore, MD (PRWEB) June 29, 2012 A move by Spanish banks to offload the build-up of foreclosed properties on their [...]

Self Storage Provider Coronado Mobile Storage Joins Forces with LAD Solutions in Promoting Storage Containers as Mobile Offices

San Diego, CA (PRWEB) July 03, 2012 With the collapse in real estate prices and explosive growth in home foreclosures [...]

Real Estate Prices LOFTS DOWNTOWN LOS ANGELES FOR SALE AND LEASE RENTALS

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Mortgage Rates Drop to New Record Lows Influencing Increase In Refinancing and Home Building Activity According to BurlingtonMortgage.biz

Wilmington, NC (PRWEB) July 24, 2012 Mortgage rates have reached a new historical low point for 30 year fixed, 15 [...]

NFIB Stated Confidence in Small Business Takes a Steep Drop XSM Services aimed to Restore Faith

Denver, Colorado (PRWEB) January 30, 2013 After the recession took its toll on the U.S. economy, the fiscal cliff and [...]

Junior State of America Releases Winter 2013 Edition of Student-Run Magazine, The Junior Statement

Washington, DC (PRWEB) January 31, 2013 The Junior State of America (JSA) today released the Winter 2013 Edition of The [...]