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

07/12/2012 11:49 pm ET

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.

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