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Bank of England Allegedly Secretly Instructed Barclays To Manipulate Libor Interest Rates

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Published on Jul 2, 2012

A phone conversation between deputy Bank of England governor Paul Tucker and a 'senior' manager at Barclays is said to have led to traders 'mistakenly' believing they were working under an instruction from the central bank to fix the Libor -- the interest rate at which banks lend money to each other.

Mervyn King bob dimond

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