Charles Gasparino, New York Post
Tim Geithner had evidence of a financial crime of epic proportion "” so he wrote a memo.That's about the only way you can sum up the then-New York Fed boss' actions several years ago, when he was confronted with fairly compelling evidence that banks under his direct supervision were manipulating Libor "” a key benchmark of global finance.The Libor scandal has become pretty big news, with Barclays ousting its CEO and agreeing to pay a large fine even as it cooperates with civil and criminal law-enforcement authorities now investigating other big...
Tim Geithner had evidence of a financial crime of epic proportion "” so he wrote a memo.That's about the only way you can sum up the then-New York Fed boss' actions several years ago, when he was confronted with fairly compelling evidence that banks under his direct supervision were manipulating Libor "” a key benchmark of global finance.The Libor scandal has become pretty big news, with Barclays ousting its CEO and agreeing to pay a large fine even as it cooperates with civil and criminal law-enforcement authorities now investigating other big...
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