# Prof. Rosa Abrantes-Metz on the alleged manipulation of LIBOR

1 Faculty News April 14, 2012>

Excerpt from [The Economist](http://www.economist.com/node/21552586) -- " ... a group of American academics circulated a paper showing that banks’ individual estimates of their borrowing costs were surprisingly close, given their different levels of risk. That suggested something fishy but was not conclusive proof, according to [Rosa Abrantes-Metz](http://www.stern.nyu.edu/faculty/bio/Romy) of New York University Stern School of Business, one of the paper’s authors."

[Read more  ](http://www.economist.com/node/21552586)