198. The Trader Who Paid For The Financial Crisis
The Rest Is Money
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Challenges of Financial Benchmarking and Legal Injustice
This chapter addresses the challenges arising from the elimination of the LIBOR benchmark and the introduction of a new overnight interest rate system, questioning its transparency and implications for bank stability. It also explores the harsh realities faced by those wrongfully convicted, highlighting the shortcomings of the compensation system and the complexities involved in proving their innocence.
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