Libor is not the first price-manipulation affair in banking but it is one of the most serious, recalling the Treasury bond scandal at Salomon Brothers in 1991 that imperilled Salomon, now a part of Citigroup. Its chief executive, John Gutfreund had to resign after Paul Mozer, a bond trader, submitted false bids in the T-bill market.
Libor操縱不是銀行業第一起價格操縱事件,但它卻是性質最惡劣的事件之一,讓人回想起1991年所羅門兄弟(Salomon Brothers)國債醜聞,此醜聞令該公司陷入困境,如今,所羅門兄弟已被納入花旗集團(Citigroup)旗下。當債券交易員保羅•莫澤(Paul Mozer)在國債市場上提交虛假報價之後,所羅門兄弟執行長約翰•古德菲瑞德(John Gutfreund)被迫辭職。
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