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Please refer to the Barclays and LIBOR scanda l PDF available online 1. Was the market harmed by Barclay's low balling of rates (e.g., rates

Please refer to the Barclays and LIBOR scandal PDF available online

1. Was the market harmed by Barclay's low balling of rates (e.g., rates are only moved down).

2. Assume you are the Barclays CEO in the case and you know that other Banks are involved in low balling rates. How would you respond when you know your competitors are cheating?

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