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MacroGlide on Instagram: "The LIBOR scandal exposed how major global banks manipulated the London Interbank Offered Rate, a benchmark underpinning hundreds of trillions of dollars in loans, derivatives, and mortgages worldwide. From the mid-2000s through the financial crisis, traders at banks including Barclays, UBS, and others colluded to submit false borrowing rates to boost trading profits or signal financial strength, distorting everything from student loans to interest-rate swaps. Investiga
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