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003			OSt
005			20260428131724.0
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020			_a9780750998857
040			_aKenya National Library Service
082			_a332.10941 VER
100			_aVerity, Andy _eAuthor
245			_aRigged : _bthe incredible true story of the whistleblowers jailed after exposing the rotten Heart of the financial system / _cAndy Verity.
300			_a348 pages ; _c24 cm.
520			_bCorruption, collusion and a miscarriage of justice on both sides of the Atlantic, where whistleblowers were wrongly jailed for crimes they didn't commit: this is the shocking true story of the Libor scandal, just not as you knew it. Rigged picks up where The Big Short leaves off, in the autumn of 2007, as the dark clouds of the financial crisis gather. Financial institutions enter a state of panic. For the Big 16 banks, their measure of health is an interest rate measure known as Libor (the London Interbank Offered Rate). The higher the Libor, the worse off the bank - too high and it's goodnight Vienna. Libor is heading skywards. To save themselves from collapse, nationalization and loss of bonuses, banks and financial institutions conspire to rig Libor so it stays artificially low, a criminal practice known as lowballing
650			_aFinance
650			_aFinancial economics.
942			_2ddc _cBK _n0
999			_c492340 _d492340