Inside The Swiss Franc LIBOR Rate Rigging Chatroom: 6 Years Of Manipulation

 

 

Zerohedge:

Now, courtesy of the appendix attached to the latest LIBOR-related suit brought against Wall Street (and one hedge fund), we bring you six years of Swiss franc LIBOR manipulation presented in chronological order. Highlights here include:

  • It is our natural right to reflect our interest in the libor fixing process”
  • “Can’t you ask your fft to contribute 1m chf libor very low today? I have 10yr of fix, 8 of which against ubs and they’re getting on my nerves.”
  • “yes, ok mate, I am heading out for a run, enjoy, talk tom, get those fixings down”
  • “whoooooohooooooo 0.01%? that’d be awesome”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s