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View Full Version : One-Month Pound Libor Soars; Banks Seek Year-End Cash (Update1) - Bloomberg



NewsWhore
12-03-2007, 09:50 AM
One-Month Pound Libor Soars; Banks Seek Year-End Cash (Update1) (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DalyiMBCW_FPc%26refer%3Duk&cid=0&ei=jRdUR_f4IpGoygTBwozdCQ)
Bloomberg - 26 minutes ago
... high borrowing costs due to the ongoing credit squeeze,'' said Simon Derrick, chief currency strategist at Bank of New York Mellon Corp. in London. ...



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