Reuters
Business
Bernanke, Geithner response to Libor scandal rings hollow
Sat, Jul 28 12:49 PM EDT

By Pedro Nicolaci da Costa

WASHINGTON (Reuters) - Ben Bernanke heads the most powerful central bank in the world. Yet the Federal Reserve chairman says he was largely powerless to stop what some are calling the biggest financial fraud in history: the systematic manipulation of a key global interest rate.


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