On the recordJuly 16, 2012
If you got caught in that period of time in which the traders wanted the higher LIBOR and that was a time in which your adjustment was going on, you had a detriment to yourself.
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congress.govBob Menendez: “If you got caught in that period of time in which the traders wanted the higher LIBOR and that was a time in which your…”
Editor's note · Context
Menendez explains the personal financial risks associated with LIBOR fluctuations.
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