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Timothy Geithner Libor Scandal: Treasury Secretary Once Urged British Regulators To Reform How Global Benchmark Is Calculated

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TIMOTHY GEITHNER
Treasury Secretary Tim Geithner speaks at the Commonwealth Club in San Francisco, Thursday, April 26, 2012. (File, AP Photo/Marcio Jose Sanchez) | File/AP

While president of the Federal Reserve Bank of New York, Timothy F. Geithner pressed British regulators to reform the way a critical global benchmark called the London interbank offered rate, or Libor, is calculated, according to a June 1, 2008, e-mail obtained by The Washington Post.

Read the whole story at The Washington Post

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