BUSINESS
07/12/2012 11:49 pm ET

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

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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