{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6a13c15d-181a-4a2e-a662-739d0e7f731a/647f96c60c47070011d4392a?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Libor's long goodbye","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/615edd9c0cb78d1a6bda37d9/1653426925492-d0e5b9f095017884c93fe94bcacaacbe.jpeg?height=200","description":"<p>At one time not that long ago, you could find Libor in everything: mortgages, corporate loans, credits cards and more. Now, its days are numbered. The FT’s Harriet Clarfelt and Philip Stafford take us back to the 1980s origins of the scandal-ridden benchmark rate, how its reputation came apart and why, with just weeks to go before a June 30 deadline, one part of the financial world is still racing to leave it behind.&nbsp;</p><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><p><strong>For further reading:</strong></p><p><a href=\"https://www.ft.com/content/564a9c11-ffaf-484d-9176-20f5b962ee11?segmentId=c6bc4c92-a175-c936-88fb-4dfe4ffadce7\" rel=\"noopener noreferrer\" target=\"_blank\">Loan market braced for rush to Libor finish line</a>&nbsp;</p><p><a href=\"https://www.ft.com/content/5372ea07-5fb8-4ec3-b3bd-28f6139d3b3a?segmentId=c6bc4c92-a175-c936-88fb-4dfe4ffadce7\" rel=\"noopener noreferrer\" target=\"_blank\">The pain and SOFRing are almost over</a></p><p><a href=\"https://www.ft.com/content/b91d2ba3-d236-4bb1-9a93-f4ec9db9476b?segmentId=c6bc4c92-a175-c936-88fb-4dfe4ffadce7\" rel=\"noopener noreferrer\" target=\"_blank\">‘Litigation will take over’: US lawmakers warned of Libor chaos</a></p><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><p>On Twitter, follow Harriet Clarfelt (<a href=\"https://twitter.com/hclarfelt?lang=en\" rel=\"noopener noreferrer\" target=\"_blank\">@HClarfelt</a>), Philip Stafford (<a href=\"https://twitter.com/staffordphilip\" rel=\"noopener noreferrer\" target=\"_blank\">@staffordphilip</a>) and Michela Tindera (<a href=\"https://twitter.com/mtindera07\" rel=\"noopener noreferrer\" target=\"_blank\">@mtindera07</a>)</p><p><br></p><p><a href=\"https://www.ft.com/content/5b203cdf-e798-4856-949a-d78c13688e49\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Read a transcript of this episode on FT.com</strong></a></p>","author_name":"Financial Times"}