The Libor scandal looks like it might be causing a bit of a fallout between British and American...

|By:, SA News Editor

The Libor scandal looks like it might be causing a bit of a fallout between British and American financial authorities. The BOE releases emails which back up its assertions that while Timothy Geithner might have called for steps to strengthen Libor's credibility in 2008, he didn't make any allegations of wrongful behavior despite Barclays (BCS) admitting to the NY Fed it was reporting artificially low rates.