In other words, just the dollar version of Libor sets the price for deals with a notional value equal to nine times global economic output or GDP.
BBC: Barclays 'attempted to manipulate interest rates'
In areas with more severe house-price declines, it may be necessary for lenders to take a bigger haircut and offer smaller notional shared appreciation claims in order to restore homeowners to positive equity at lower house prices.
FORBES: Home Truths
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