well, that kind of trading ain't as much as you think.
as far as how a bank operates as a whole.
libor borrowing is used for servicing lending books or covering where items are falling due mostly.
I like to think of it as a big gay daisy chain where they all cum one at a time and pass it on.
( mark morrisons prison shoes I love Willie, Thu 28 Jun 2012, 10:58, 1 reply, 13 years ago)

yeah, like I said, I probably understand about 10%-20% of it.
I'm not claiming otherwise. I just think it's a bit daft getting mad about something about 0.001% of the population understand.

I'm also yet to be convinced that it actually makes a difference to anything? especially if all banks are doing it. And I'd be awful suprised if Barclays have some kind of cunt monopoly on investment bankers.
( the mighty badger Aphrodite, on a bar stool, by your side, Thu 28 Jun 2012, 11:01, Reply)