{"id":3211,"date":"2016-01-31T19:30:06","date_gmt":"2016-01-31T12:30:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/lord-libor-reveals-financial-system-where-bad-apples-have-the-midas-touch\/"},"modified":"2016-01-31T19:53:14","modified_gmt":"2016-01-31T12:53:14","slug":"lord-libor-reveals-financial-system-where-bad-apples-have-the-midas-touch","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lord-libor-reveals-financial-system-where-bad-apples-have-the-midas-touch\/","title":{"rendered":"\u2018Lord Libor\u2019 reveals financial system where bad apples have the midas touch"},"content":{"rendered":"


\nFormer traders in London trial may have been cleared, but case highlights financial industry\u2019s superstars are also among the most toxic employees So it turns out that \u201cLord Libor\u201d and \u201cBig Nose\u201d didn\u2019t do it, after all. Translation: a British jury acquitted six men of helping former trader Tom Hayes rig the world\u2019s mortgage markets.The idea that someone can rig the London inter-bank lending rates (Libor) should terrify us all. It\u2019s estimated that $300tn (\u00a3192tn) of contracts are based on Libor, setting borrowing rates for businesses and consumers from Sydney to New York and London. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u2018Lord Libor\u2019 reveals financial system where bad apples have the midas touch<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Former traders in London trial may have been cleared, but case highlights financial industry\u2019s superstars...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-3211","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-PN","jetpack-related-posts":[{"id":31238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/libor-traders-criticise-investigators\/","url_meta":{"origin":3211,"position":0},"title":"Libor traders criticise investigators","date":"October 21, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Libor traders criticise investigators","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22303,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-pays-100m-libor-fine\/","url_meta":{"origin":3211,"position":1},"title":"Barclays pays $100m libor fine","date":"August 9, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Barclays pays 0m libor fine","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-warns-of-libor-timebomb\/","url_meta":{"origin":3211,"position":2},"title":"Bank of England warns of Libor timebomb","date":"July 3, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Bank of England warns of Libor timebomb","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86084,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sonia-system-launching-in-libor-switch\/","url_meta":{"origin":3211,"position":3},"title":"'Sonia' system launching in libor switch","date":"April 22, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...'Sonia' system launching in libor switch","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-japan-chief-quizzed-by-libor-squad\/","url_meta":{"origin":3211,"position":4},"title":"Barclays' Japan chief quizzed by Libor squad","date":"January 6, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Barclays' Japan chief quizzed by Libor squad","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-ex-barclays-traders-jailed-for-libor-fraud\/","url_meta":{"origin":3211,"position":5},"title":"Four ex-Barclays traders jailed for Libor fraud","date":"July 7, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Four ex-Barclays traders jailed for Libor fraud","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/3211"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=3211"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/3211\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=3211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=3211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=3211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}