Here's What Went Wrong With Libor

Jun.29 -- The London Interbank Offered Rate, better known as Libor, is being phased out and replaced after years of scandals, billion-dollar bank fines and a jail sentence or two. Life After Libor will take a look at the various instruments replacing Libor in the U.S., the U.K. and around the world, as well as the pretty complex issues the process involves. The Bloomberg Short-Term Bank Yield Index, BSBY, an alternative to dollar Libor, is administered by a subsidiary of Bloomberg LP, the parent of Bloomberg News.

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