Icap has dropped 6.6 p to 389.1 p ahead of news on possible fines on its part in the alleged fixing of libor, with reports of possible criminal charges against some of its employees. (theguardian.com)
He's taken # 5m from Michael Spencer, whose party was found to be rigging libor rates.» (politics.co.uk)
Even if this is true, what's the motivation for posting libor rates so much higher than central bank rates? (nakedcapitalism.com)