[Brilliant]

That is true, but I doubt you’ll find a bank that complains it’s been cheated. They know what the deal is.

[uncommonsense]

We'll see. There are some really large numbers involved. Just saw this on Bloomberg

Libor Woes Threaten to Turn Companies Off Syndicated Loans

"Banks are accused of massaging down submissions for the benchmark for $360 trillion of global securities during the financial crisis and artificially increasing them before it.”