InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,782.76
(
1.23%
)
US TECH 100
20,054.40
(
1.86%
)
Dow Jones
42,221.88
(
1.02%
)
Brent Oil
74.56
(
-1.11%
)
Bitcoin
73,558.80
(
6.12%
)
Post# of 54453
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

KauaiPI

Send PM Follow Ignore
Followers 12
Posts 4191
Boards Moderated 0
Alias Born 01/10/2001

KauaiPI

Member Level

Re: mmayr post# 33567

Friday, 11/16/2007 4:15:45 PM

Friday, November 16, 2007 4:15:45 PM

Post# of 54453
Mark~imo a good read...thanks! LIBOR seems to be linked to many of the sub-prime ARM repricing methods.

Three-month LIBOR rates on sterling climbed to 6.34% from 6.29% -- well above the 5.75% base rate of the Bank of England after the move. When inter-bank borrowing rates are significantly higher than base rates, it's usually taken as a sign of diminished trust in the financial sector.

...looks like more hurt ahead!

kp

"When you look at things differently,

things look different"
--Wayne Dyer--


Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up