News Alert: Geithner drawn into Libor scandal

	Thursday, July 12, 2012 9:29:29 PM NEWS ALERT Geithner drawn into Libor scandal Documents obtained by The Washington Post show that Timothy F. Geithner, in an e-mail dated June 1, 2008, made six recommendations to the head of the Bank of England to reform the London interbank offered rate, known as Libor, while he was president of the Federal Reserve Bank of New York. With the scandal over the alleged ma­nipu­la­tion of Libor, a critical global interest rate, threatening to migrate from London to Washington, pressure is growing on Geithner and other U.S. banking regulators to demonstrate they took action when they learned of possible problems with Libor. Read more at: http://www.washingtonpost.com/business/economy/geithner-drawn-into-libor-scandal/2012/07/12/gJQArDhbgW_story.html Or visit washingtonpost.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071  ©2011 The Washington Post Privacy Policy