The Sunshine Report

Category Archive: British Bankers Association

1. LIBOR, Psychology and Market Disruption Clauses In Legal Contracts – A Milbank Tweed Client Alert by Richard M. Gray" rel="bookmark">LIBOR, Psychology and Market Disruption Clauses In Legal Contracts – A Milbank Tweed Client Alert by Richard M. Gray

   0 Post on November 6, 2008

   This week I received a “client alert” from the law firm of Mil­bank, Tweed, Hadley & McCloy about LIBOR. Richard Gray is a Mil­bank Part­ner and is the author of the client alert. He dis­cusses LIBOR and the issues posed by the dis­par­ity between the pub­licly quoted LIBOR rate and the actual rates on Eurodol­lar […] [read full story]

   Posted in: British Bankers Association, Credit Crisis, economy, Finance, LIBOR, Market Distruption Clause, Milbank Tweed, Richard Gray

2. LIBOR is like the unicorn; both are fiction." rel="bookmark">LIBOR is like the unicorn; both are fiction.

   0 Post on October 12, 2008

   OK. I con­fess. I can’t take it any­more. I vowed to stop pick­ing on LIBOR and the British Bank­ing Asso­ci­a­tion. But like a smoker that can’t kick the habit I can’t take it any­more; I have to write about LIBOR. LIBOR has been in the news for the last few weeks and is being touted […] [read full story]

   Posted in: British Bankers Association, Finance, LIBOR, Unicorn

3. THE BRITISH BANKERS’ ASSOCIATION RESPONSE TO “LIBOR NEEDS TO BE DUMPED NOW”" rel="bookmark">THE BRITISH BANKERS’ ASSOCIATION RESPONSE TO “LIBOR NEEDS TO BE DUMPED NOW”

   0 Post on August 13, 2008

   Brian Mairs of the British Bankers’ Asso­ci­a­tion (the “BBA”) appears to have responded to my recent blog arti­cle about LIBOR by post­ing a com­ment. I can­not con­firm that the posted com­ment was writ­ten by Mr. Mairs, but based upon blog track­ing soft­ware I believe that the com­ment was posted by some­one at the BBA and […] [read full story]

   Posted in: British Bankers Association, Finance, LIBOR