Regulators Crack Down on Libor Submissions

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Aug. 10 (Bloomberg) -- Mark Calabria at the Cato Institute usually isn’t shy about criticizing Timothy F. Geithner. Yet he says it was ultimately up to the British to deal with the manipulation of Libor, as only three of the 18 banks that set the London interbank offered rate are based in the U.S. Elliot Gotkine reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)