graphed well a lot. So it s a good thing he knows how to have some fun in front of the camera. In a recently released photo that quickly went viral the leader of the free world and recent Time magazine Person of the Year stands in the White House pretending to be nabbed by a pint-sized Spider-Man, http://www.cheaptomsoutletshoessale.com - cheap toms for sale online . The photo which was shared on Obama s Facebook page quickly racked up over half a million likes. The young web-slinger is believed to be the son of a White House staff member. Facebook LiborThe Federal Reserve Bank of New York was warned as early as mid-2008 that banks may have been misreporting their Libor borrowing rate to aid their own trading positions much earlier than previously known. The Federal Reserve Bank of New York was warned as early as mid-2008 that banks may have been misreporting their Libor borrowing rate to aid their own trading positions much earlier than previously known. Federal Reserve Bank of New York2008Libor Tim Geithner then president of the New York Fed and now US Treasury secretary was told by a senior colleague in a May 2008 email of her concerns about banks deliberate misreporting. 20085?Hayley Boesky、, http://www.cheaptomsoutletshoessale.com - cheap toms women ?Tim GeithnerLibor The email was part of an internal push among some at the New York Fed to press the Bank of England and the British Bankers' Association to reform the benchmark lending gauge known as the London Interbank Offered Rate. BOEBBA It is the first indication that suspicions among officials at the New York Fed went beyond deliberate underreporting of borrowing costs by banks to mask their financial health. Instead misreporting may have occurred in an effort to improve trading results. Libor The email from Hayley Boesky to Mr Geithner with three senior colleagues Meg McConnell Matthew Raskin and William Dudley copied in are among unreported emails seen by the FT that show New York Fed officials linking the incentive for banks to misreport borrowing rates to the bank s derivatives positions. ?Meg McConnell、?Matthew Raskin?William Dudley The plea by Ms Boesky sent a few days before Mr Geithner made Libor reform recommendations to Sir Mervyn King governor of the BoE is perhaps the first indication that senior US officials suspected traders may have been influencing banks Libor submissions. ?Sir Mervyn KingLiborLibor These individuals report to the head of the money markets desk who often reports to the same person who oversees the derivatives book, http://www.cheaptomsoutletshoessale.com - toms blue and white stripe . They verify the posting with the boss to make sure it suits their derivatives position Ms Boesky wrote on May 23 2008. 2008523 The US Congress has launched an inquiry into Libor. In July the New York Fed made public selected documents related to alleged Libor-rigging by Barclays which had just reached a $450m settlement with US and UK authorities. Barclays admitted to taking requests from its own derivatives traders and those at other banks into account when making submissions to Libor and Euribor the euro equivalent from 2005 to 2007. Libor7BarclaysLibor4.520052007LiborEuribor The New York Fed documents played down tRelated articles:
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