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Ben Bernanke: Can’t assure with ‘full confidence’ that Libor is reliable

July 17, 2012 12:00 PM EDT Federal Reserve Chairman Ben S. Bernanke testified Tuesday that he can not assure that a critical global benchmark called the London interbank offered rate, or Libor, is reliable. Libor has come into question after London-based Barclays admitted it schemed to manipulate Libor during the financial crisis. (The Washington Post)

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