Geithner: Why Libor was used in bailouts Geithner: Why Libor was used in bailouts Video of Geithner: Why Libor was used in bailouts Published on Jul 25, 2012 by CNNMoney Tim Geithner explains why the Federal Reserve used Libor as a base rate for AIG and TALF loans despite knowing that it was 'vulnerable to misreporting.' Log in or register to post comments
