End Of Libor Q&A With Former Citi Risk Manager

Finance professor Clifford Rossi at the University of Maryland’s Robert H. Smith School of Business has insight from 25-plus years in senior risk management and credit positions at Citigroup, Washington Mutual, Countrywide, Freddie Mac and Fannie Mae.

[buffett variation=”dangers”]

Also read:

• Despite $9M In Preorders, Smart Credit Card Maker Plastc Goes Bankrupt
• LIBOR Fixing Investigation Appears to be Just Beginning
• Brian Patrick Eha: What Is Bitcoin? What Are Its Uses?

In the following Q&A, he discusses the phase-out by British regulators of the scandal-plagued financial benchmark Libor.

Q: With the impending exile of Libor, authorities will have to devise or embrace new...