Counterparties Edited by Felix Salmon & Ryan McCarthy
What is Counterparties?
The EU is expected to accuse multiple banks of fixing "LIBOR's less known cousin"
Bob Diamond could lose out on $31 million in compensation over the LIBOR scandal
We'd really like to know what happened at the NY Fed's 2008 meeting on "Fixing LIBOR"
Congress wants another try at asking a banker tough questions, this time with Bob Diamond
Geithner alerted British officials to potential LIBOR rigging in 2008
April 2008: "we’re not posting um, an honest LIBOR...if we didn’t do it...It draws, um, unwanted attention on ourselves"
Treasury's 2008 recommendations for fixing LIBOR were basically verbatim banking industry suggestions
Mervyn King: we were never told of "any concerns about the final [Libor] outcome"
Geithner defends himself against King defending himself against Geithner
7 hrs ago
He gets by "through various freelance gigs and his wife’s income as a barista. This is typical of many Portlanders"
7 hrs ago
If you are going to be an academic, be an economist
7 hrs ago
One way to get incomes growing again is to pay women more
8 hrs ago
What's the world's next poor, cool city?
9 hrs ago
Stanford to offer a class on this weird thing called "startups"
11 hrs ago
"It's actually people with the least money who get the least sleep"
2013 data: Yep, we've still got a gender wage gap
California's public-employee pension fund is divesting from hedge funds
How the rich and the poor spend money
"Why frustrated second sons and medieval Anglo-Scottish border violence (partly) explain US healthcare costs"
McKinsey’s airy platitudes bode ill for its next half-century
Why the gender gap will eventually close
"If Marriott wants its housekeepers to earn more, it should pay them more"
Important Wine News
There is no great stagnation
Strange Bloomberg Headlines
"Is Everybody Single?"
Uber But For...
"Clients don’t have to interact with the cleaner if they don’t want to, which makes it feel as though they’re ordering a product, not human labor."
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