libor   453

« earlier    

Why we stopped trusting elites | News | The Guardian
If a world where everyone has their own truth-tellers sounds dangerously like relativism, that’s because it is. But the roots of this new and often unsettling “regime of truth” don’t only lie with the rise of populism or the age of big data. Elites have largely failed to understand that this crisis is about trust rather than facts – which may be why they did not detect the rapid erosion of their own credibility.

Unless liberal institutions and their defenders are willing to reckon with their own inability to sustain trust, the events of the past decade will remain opaque to them. And unless those institutions can rediscover aspects of the original liberal impulse – to keep different domains of power separate, and put the disinterested pursuit of knowledge before the pursuit of profit – then the present trends will only intensify, and no quantity of facts will be sufficient to resist. Power and authority will accrue to a combination of decreasingly liberal states and digital platforms – interrupted only by the occasional outcry as whistles are blown and outrages exposed.
elites  representativeDemocracy  trust  politics  media  business  honesty  norms  authority  liberalism  technology  Internet  populism  lies  alienation  disillusionment  UKIP  MPs  expenses  wikileaks  phonehacking  MurdochRupert  Libor  finance  BBC  Tesco  Volkswagen  exposure  whistleblowing  FOI  BlairTony  transparency  Brexit  Leave  MetropolitanPolice  RobinsonTommy  conspiracyTheory  relativism  dctagged  dc:creator=DaviesWill 
november 2018 by petej
LIBOR replacement
Key financial index is based on a thin market, time for a new one
libor  interest  finance 
august 2017 by nelson
ICE Swap Rate
ICE Swap Rate, formerly known as ISDAFIX, is recognised as the principal global benchmark for swap rates and spreads for interest rate swaps.
coink  bank  libor  reset 
june 2017 by paunit
Intercontinental Exchange (NYSE: ICE) is a leading operator of global exchanges and clearing houses and a provider of data and listings services. ICE administers LIBOR. It is listed on NYSE as ICE. This page is the LIBOR information page with links to position statements, FAQs. etc.
ICE  LIBOR  Intercontinental_Exchange  banking 
may 2016 by tomjlowe
Deutsche Bank plant grundlegenden Konzernumbau - SPIEGEL ONLINE
Überraschend kommen die Reformpläne nicht: Der seit Juli amtierende neue Co-Chef John Cryan hatte einen Umbau bereits in Aussicht gestellt. Mit dem Konzernumbau reagiert Cryan auf die seit Jahren anhaltende Krise der Bank. Immer wieder hatten Finanzskandale das Institut erschüttert und die Gewinne schrumpfen lassen. [...] Cryan hatte gleich zu seinem Amtsantritt einen harten Sparkurs angekündigt. Vor wenigen Tagen hatte die Bank angekündigt, sie erwarte für das dritte Quartal einen Rekordverlust von rund sechs Milliarden Euro. Gründe dafür sind gigantische Abschreibungen vor allem auf den Wert der Tochter Postbank, von der die Deutsche Bank sich trennen will, und das nicht mehr so lukrative Investmentbanking. Zudem belasten hohe Rückstellungen für die zahlreichen Rechtsstreitigkeiten die Bilanz.
Deutsche  Bank  corporate  scandal  investment  banking  libor  rigging  scandal 
october 2015 by asterisk2a
Volkswagen Congress Hearing: Emissions scandal - watch live - YouTube
VW USA subsidiary CEO Michael Horn. // 'VW the people's car.' 36:40 - I had no understanding what a defeat device is & that it could be installed to cheat emission tests. [<< Symptom of being a conglomerate! Corporate Culture & Values.] min 38:09 - Is hardware, software & even has to do something with the fuel tank. In some models (gen 2) its just software & a sensor. // 49:20 - framing of the answer with EPA (influenced?), cars on the road right now, even they are not passing emissions test, "are legal & safe to drive for the owners." // min 57 NOx, air pollution. 'compensation will be part of discussion'. 40 times than allowable limit. // 1:11:00 - according to him, @ the current state of investigations, this was out of the engine-drivetrain-engineering/software/emissions department within VW. Was not a corporate executive decision from the top. [My 2 cents: more likely decision was made within those departments due to pressure from top to make the test pass happen. << 1:51:00]
VW  Volkswagen  conglomerate  corporate  culture  corporate  values  air  pollution  libor  rigging  scandal  banking  crisis  investment  banking  self-regulation  regulation  regulators  accountability  Wall  Street  shareholder  value  profit  maximisation  retail  banking  PPI  mis-selling  scandal  bank  crisis  CDO  CDS  pharmaceutical  industry  pharma  big  pharma  corruption  bribery  Petroleum  automotive  autoindustry  carbonemission  carbonfootprint  emissions  white-collar  crime  Justice  System  Law  &  Justice  corporate  state  corporate  media  Positioning  Meat  Egg  Dairy  food  industry  lobbyist  lobby  Lobbying  revolving  door  conflict  of  interest  fiduciary  responsibility  exploitation  ethics  ethical  machine  democracy  Career  Politicians  No  Representation  double  standard  Abgas-Affäre  Interestrateswap  corporate  social  responsibility  corporate  scandal  Chemical  Fashion  deception  PR  spin  doctor  monopsony  oligopol  madoff  Enron  Worldcom  BP  accounting  accounting  scandal  tax  evasion  tax  avoidance  crony  capitalism  TBTF  too  big  to  jail  too  big  to  bail  Ego  arrogance  Monsanto  Protection  Act  patent  troll  intellectual  property  willful  ignorance  willful  negligence  DeepwaterHorizon  tax  code  consumer  fraud  Protection 
october 2015 by asterisk2a

« earlier    

related tags

&  1%  1904  1927  1956  1971  1985  2013  2014  2015  2017-04-10  2017-04-11  2017-04-12  2017-04-13  2017-04-14  aaronwilliamson  abgas-affäre  accountability  accounting  act  air  alex-theiler  alienation  all  allstate  ambac  angelomozilo  anshu-jain  antitrust  aprilcharney  arrogance  article  aston  astonvilla  authority  autoindustry  automotive  avoidance  bafin  bail  band  bank  bankenkrise  banker  banking  bankofamerica  banks  banksters  barclays-capital  barclays  barf-chilton  bbc  benswann  big  biggest  billdudley  blairtony  blue-crest  bob-diamond  bonus  bp  branchhillcapital  brexit  brianmoynihan  bribery  business-norms  business  business_ethics  canada  capital_markets  capitalism  carbonemission  carbonfootprint  career  cdo  cds  cfr  cftc  charlotte-nc  chemical  christian-bittar  citibank  citigroup  civilsuit  code  coink  collapse  collusion  confidence  conflict  conglomerate  conspiracy  conspiracytheory  consumer  corporate  corporate_finance  corruption  cortezmasto  countrywide  crime  crisis  critique  crony  culture  dairy  dallascounty-tx  dantarullo  davidtrainer  davidvitter  db  dc:creator=davieswill  dc:creator=huttonwill  dc:creator=lanchesterjohn  dctagged  dealbook  debt  deception  deepwaterhorizon  democracy  derby  deutsche-bank  deutsche  deutschebank  disillusionment  distrust  doctor  dodd-frank  doddfrank  doj  door  double  douglas-keenan  ec  econ  economic  economics  economy  edcrutchfield  edelmetal  egg  ego  eliotspitzer  elites  elke-könig  emissions  england  enormouseconomiccontraction  enron  ethical  ethics  eu  euribor  europe  europeancommission  evasion  expenses  exploitation  exposure  ezb  falk-lüke  fannie_mae  fanniemae  fashion  fdic  federalreserve  fehlverhalten  fiduciary  finance  financial  financial_regulation  financial_system  financialcrisis  financialcrisisof2008  financialservices  fine  firstunion  fixing  foi  food  frankreich  fraud  fred-goodwin  freddiemac  fsa  gefängnis  george-osborne  germany  gesetzgebung  gfc  global  gold  governance  government  hamp  hans-peter-burghof  hawaii  hayestom  hbos  hedge-fond  honesty  hsbc  hughmccoll  icap  ice  ifttt  ignorance  illegal  in  industry  info  insider  intellectual  intercontinental_exchange  interest  interestrates  interestrateswap  internet  investigation  investment  isdafix  jail  jan-pieter-krahnen  japan  jaypowell  jens-weidmann  john  johnprice  johnthain  josef-ackermann  joshuarosner  jpmorgan  jpmorganchase  jung&naiv  justice  kozak  krieg  lanchester:  laundering  law  leave  legal  legislation  liberalism  liborfraud  liborrigging  lies  lloyds  loans  lobby  lobbying  lobbyist  london  lrb  machine  macroeconomics  madoff  mali  manalmehta  manipulation  market  market_manipulation  markets-structure  markets  marketwatch  matt  matttaibbi  mauicounty-hi  maximisation  mba  mbia  mcfaddenpepperact  meat  media  merrilllynch  metropolitanpolice  mikekonczal  mis-selling  money  money_market  moneylaundering  monopsony  monsanto  morgan-stanley  mortgages  mps  murdochrupert  negligence  netzpolitik  news  no  norms  northcarolinabank  nwo  nyse  nyt  ob  occupy  occupywallstreet  of  oligopol  ows  parecon  patent  pauldouglas  peter-fleming  petroleum  pharma  pharmaceutical  philippe-moryoussef  phonehacking  politicians  politics  politik  pollution  populism  positioning  ppi  pr  preisbildung  price  prison  probe  profit  property  protection  q1  randian  rate  rbs  recording  reform  regulation  regulations  regulators  regulierung  relativism  reneehertzler  representation  representativedemocracy  reset  responsibility  retail  returns  revolving  richardfisher  rigging  risk  risks  robinsontommy  rohschild  rolling  rollingstone  royal-bank-of-scotland  rpmartin  rücksichtslosigkeit  salzreview  sandyhook  sanfrancisco  scam  scandal  scandals  scotiabank  scotus  sec  secret  self-regulation  senate  senatebankingcommittee  sentencing  shared  shareholder  sherrodbrown  silber  simonjohnson  slashdot  social  societe-generale  societegenerale  sofr  spin  standard  standardchartered  state  steveberman  stone  straftat  street  susanwebber  sweden  system  taibbi/matt  taibbi  tarp  tax  tbtf  technology  telefon  tesco  the  theatlantic  thomas-wiegold  tilo-jung  to  tom-hayes  tom-kirchmaier  tom_hayes  tomhayes  too  trading  transparency  transparenz  trial  troll  trust  trustagent  u21s  ubs  uk  ukip  ukpoli  usa  usbancorp  usd  uspoli  value  values  vickersjohn  video  villa  volkswagen  vw  wachovia  wall  wallstreet  whistleblowing  white-collar  wikileaks  willful  williamblack  win  worldcom  wsj  zinsen  zinssatz  zombie 

Copy this bookmark: