I just heard the libor story repeated today.... I just checked... THE BBA was closed yesterday, so yesterdays libor was Fridays libor. and when they talk about Libor upticking this morning, it comes out at Noon eastern..... Maybe I'm wrong... but I swear this is how it works.
ye old bogeyman is back.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Tuesday, August 26, 2008
Libor
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