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Corporate Borrowers Are 'Okay' with Understated Libor Rates

by Carol J. Clouse
JUL 13, 2012 2:42pm ET
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Countless municipalities, pension funds and hedge funds are conducting inquiries into losses and preparing lawsuits and financial bloggers are condemning the apparent fraud committed by bank employees, but one group can't seem to summon up much outrage over the Libor scandal: the companies whose funding costs are linked to the benchmark.

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