The Big Fix? Financial Markets & Institutional Corruption: Gregg Fields and Justin O'Brien
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Description
In an explosive scandal, global regulators suspect the 4pm fix is quite possibly fixed. Traditionally it’s the London hour when rates for currencies like the dollar are set. It’s now suspected that traders colluded to rig markets for private gain. Financial journalist Gregg Fields and Justin O’Brien, director of Australia’s Centre for Law, Markets and Regulation, discuss the role that institutional corruption may have played.
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