Here’s a quick roundup of the latest from The Delivering Alpha conference, hosted by CNBC and Institutional Investor, going on in New York today.
Treasury Secretary Timothy Geithner
Juliet Chang, of the WSJ, reports on some of the issues Geithner touched upon this morning, and particularly the Libor scandal.
Geithner revealed that in fact, the U.S. had sounded the alarm on the Libor rigging much earlier. According to the WSJ, Geithner, in his capacity as president of the NY Fed, had written as far back as 2008 to Bank of England Governor, Mervyn King, suggesting changes to make the Libor rate more credible.
“We acted very early in response to concerns that the processes...

