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BOE Governor Defends Libor Role

Mervyn King Still

Bank of England Governor Mervyn King said that he only became aware of Libor wrongdoing two weeks ago and that a memo from Timothy Geithner in 2008 didn’t highlight malpractice.

Top Headlines: Cuts at Goldman Sachs

Cuts At Goldman Still

Matt Miller reports in Tuesday's top headlines, the Fed is prepared to stimulate the economy is needed, Goldman Sachs plans company expense cuts, and Intel warns of diminishing sales.