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Lying about LIBOR

The scandal brewing over manipulations of Libor, the obscure-sounding London Interbank Offered Rate, won't stop with Barclays, the big British bank whose top three executives have tendered resignations.

On the contrary, there's a good chance the scandal is coming to a bank near you.

If you want to understand what it's all about, the nonprofit journalism organization Pro Publica has prepared a nifty set of plain English questions and answers.