Wednesday, May 27, 2015

0526 - Libor trial ‘Ringmaster’ was ‘greedy’ court hears

http://www.bbc.co.uk/news/business-32879690


1.Libor =  London Inter-Bank Offer Rate: the standard rate of interest for loans between financial institutions
2. ringmaster = A person who is in charge of the performances in a circus ring.
3. rig = To manipulate dishonestly for personal gain:
4.sacked = To rob (a town, for example) of goods or valuables, especially after capture.
5. Asperger’s Syndrome =  is an autism spectrum disorder (ASD) that is characterized by significant difficulties in social interaction and nonverbal communication,

A pervasive developmental disorder characterized by severe deficits in social interaction and communication, by an extremely limited range of activities and interests, and often by the presence of repetitive, stereotyped behaviors.