Wall Street's most-obnoxious Libor emails
This week's special
In an email exchange between RBS derivates traders on Dec. 12, 2007, traders initially get their signals crossed.
Derivatives Trader D: they r calling libors a bit lower here at [moment], 1.03 and 1.0675
Derivatives Trader B: i will keep ours higher though fyg [for your guide]
Derivatives Trader E: lower the better as usual, oh good
Derivatives Trader D: [Derivatives Trader B] wants high
Derivatives Trader B: sry
Derivatives Trader E: [Derivatives Trader B] you need high ongoing or just today?
Derivatives Trader B: for the next week or so
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