Detailed text transcripts for TV channel - FOXNEWS - 20120713:19:39:00
Bank' internal and external auditors confirm adherence to the best practices and attest to the accuracy of bank's libor rates. >> bank stocks, prophets, could take another big hit if there are huge penalties but the macro impact are not going to be that big. there is an irony, and that is, in fact, to the extent that the rate fixing kept interest rates low, say, in 2008 and 2009 that could have helped the economy. >> bank of england, which geithner contacted back in 2008, said today that concerns of difficulties were widely expressed i but added "no evidence of deliberate wrong doing has been ...