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Jury Of Manipulating Libor

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1. Who was convicted by a New York jury of manipulating Libor? 13 individuals have been charged in the U.S. in connection with the investigation and a handful of defendants have pleaded guilty, including three other former Rabobank traders. 2. Why would New York have jurisdiction in this case? Because Ney York is the central financial hub and has the most transactions affect by Libor. 3. Do you think sending individuals to jail will act as a bigger deterrent to market manipulation than fines against institutions? Why or why not? I believe it will create a small difference. The point is that each person is now held accountable for there actions and will not be protected by the corporate umbrella. If individuals think that they will not personally

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