To understand the title of this Post, one really needs to both understand Libor; not just what the acronym means, but the recent scandals involved. First, though, I want to talk a bit about the genesis of the Post, the series it will generate and the rationale thereof. As many are aware, there is somewhat of a feeding frenzy underway which pertains to the media. I think all parties involved have an inner gut feeling that something is afoul. That feeling, though, is where the sheer volume and scope of something begins to boggle the mind . . .
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