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Prof. Rosa Abrantes-Metz on the new NYSE oversight of Libor

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Excerpt from Bloomberg -- "Changing the administrator won’t address Libor’s underlying problems, such as its use of estimates and an increasing propensity of banks to leave their submissions unchanged, according to Rosa Abrantes-Metz, an economist with New York-based consulting firm Global Economics Group Inc. and a professor at New York University’s Stern School of Business."

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