What is the significance of the Libor number in the financial system?
Here's What Went Wrong With Libor

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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
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In what ways is the Libor system described as being structurally flawed?
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3.
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3 mins • 1 pt
How did the growth of derivatives in the 90s and 2000s affect banks' behavior regarding Libor submissions?
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4.
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What were the consequences faced by financial institutions involved in the Libor scandal?
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5.
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What changes did regulators implement in response to the issues with the Libor system?
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