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The Swiss-tuation: Negative LIBOR

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We're through the looking glass, people! Not only is Abercrombie & Fitch paying people not to wear its clothing, but now some bank somewhere claims to be getting a negative rate to lend Swiss francs in the short term to another bank.
Full story here
Mark Gongloff
Mark Gongloff is an editor with Bloomberg Gadfly. He previously was a managing editor of Fortune.com, ran the Huffington Post's business and technology coverage, and was a columnist, reporter and editor for the Wall Street Journal.
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Permanent link to this article: https://snbchf.com/2011/08/gongloff-swiss-tuation-libor/

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