# Prof. Rosa Abrantes-Metz on the consequences of tampering with LIBOR

1 Faculty News March 11, 2012 ![CNNMoney logo](/sites/default/files/styles/246w/public/assets/images/con_030743.jpg?itok=5lrpsukl)>

Excerpt from [CNN Money](http://www.local10.com/news/money/Big-banks-at-center-of-interest-rate-probe/-/1717308/9276950/-/rhj3rcz/-/) -- "'If you move it even a little bit, it can cause massive redistribution of resources because it's so extensively used,' said [Rosa Abrantes-Metz](http://w4.stern.nyu.edu/faculty/bio/Romy), a professor at New York University's Stern School of Business and a former economist with the Federal Trade Commission."

[Read more  ](http://www.local10.com/news/money/Big-banks-at-center-of-interest-rate-probe/-/1717308/9276950/-/rhj3rcz/-/)