Grossman: The LIBOR Numbers Racket
Lauren RubensteinFollowing the Libor scandal, Grossman suggests taking a lesson from the mob to renew trust in banks
In an op-ed published in The Hartford Courant, Professor of Economics Richard Grossman proposes a solution to renew public trust in banks in the wake of the global Libor scandal, inspired by the mob’s old numbers racket.
Mike Mavredakis
Jeff Harder