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  • Libor may be replaced by a new system next year. FT says discussions are centered around a dual-track system wherein a survey-based approach (the old model) would operate concurrently with a transaction-based index (the new model). Presumably, such a setup would retain the stability of the traditional model, while incorporating an element of objectivity. [View news story]
    How about transparency?
    May 13, 2013. 08:04 AM | Likes Like |Link to Comment
  • The links between Virginia governor Bob McDonnell to Star Scientific (STSI) are being investigated by the FBI, according an AP report. The probe reportedly extended to the politician after initially focusing on the nutritional supplements manufacturer. [View news story]
    The Governors of Tennessee and Virginia being questioned by the FBI GO FIGURE...they will walk just like the ex-governor of New Jersey John Corzine. WE have a judicial system for the wealthy & connected, poor guy that robs a 7-11 rots in jail for years..."ain't no justice in this here land".
    Apr 30, 2013. 09:43 AM | 1 Like Like |Link to Comment
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