On the recordJuly 24, 2012
Yes. I understand that. But did the employees of the New York Fed who were involved in market surveillance tell you of this conversation or perhaps others like it, that it was not just theoretically possible but participants in LIBOR admitted that they were, in fact, misreporting--did they--were you told that it was not just a theoretical vulnerability, that, in fact, it was happening?
Source
congress.gov




