The biggest threat to capitalism

Most of us spend more time thinking about the latest London Olympics results than the scandal surrounding the London InterBank Offered Rate, or Libor. That is a big mistake. We should be paying more attention to the Libor scandal.  And we should be terrified. The public has been so fatigued by the flood of awful … Read moreThe biggest threat to capitalism

Musings on Libor

Here are a couple of recent musings on Libor. “Bankers Should Take A Lesson From The Mob,” was slated to appear in today’s Hartford Courant. “5 Questions With . . . Richard Grossman on the Libor Scandal,” an interview with Lauren Rubenstein, appeared in the Wesleyan Connection a few days before.