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Geithner Defends Libor Measures Taken By NY Fed In 2008

By Erica Teichert (July 25, 2012, 3:04 PM EDT) -- Treasury Secretary Timothy Geithner on Wednesday told lawmakers that he took appropriate measures to alert U.S. and U.K. officials of potential Libor manipulation in 2008 after he learned about possible rate-rigging while running the Federal Reserve Bank of New York....

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