Geithner's Role In Libor Emerges Amid Lawmakers' Push

Law360, New York (July 13, 2012, 5:05 PM EDT) -- As lawmakers called on the U.S. Department of Justice to step up its investigation of the London Interbank Offered Rate scandal, new details emerged Friday of how former New York Federal Reserve Bank president Timothy Geithner began pushing to make the rate-setting process more public in 2008.

The New York Fed has already said that it began looking into the possibility that Barclays PLC and others were manipulating the Libor as early as 2007, but it provided documents indicating that Geithner, currently the U.S. Secretary of...
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