The goal of this article is to present the reader with a general overview of the LIBOR: its genesis and development, how and why London bankers manipulated the LIBOR, the liability of implicated parties, criminal penalties, the impact of criminal penalties on director and officer insurance carriers, and what the future holds for the LIBOR.
Michael R. Koblenz, Kenneth M. Labbate, and Carrie C. Turner,
LIBOR: Everything You Ever Wanted to Know But Were Afraid to Ask,
6 J. Bus. Entrepreneurship & L.
Available at: http://digitalcommons.pepperdine.edu/jbel/vol6/iss2/4