RBS Libor rigging emails: 'It's just amazing how Libor fixing can make you that much money', says trader. 'I'm like a whores drawers' adds another Senior Yen Trader: its just amazing how libor fixing can make you that much money Senior Yen Trader: its a cartel now in london[.] they smack all the 1yr irs ..and fix it very high or low September 14 and 15, 2009: (Primary Submitter agrees to switch direction of submissions over two consecutive days) September 14: Yen Trader 1: high 3s and 6s please Primary Submitter: ok September 15: Yen Trader 1: can we lower our fixings today please [Primary Submitter] Primary Submitter: make your mind up[,] haha , yes no probs Yen Trader 1: im like a whores drawers Swiss Franc Trader: [Primary Submitter] pls can we get super high 3m[,] super low 6m Primary Submitter: 41 & 51 Swiss Franc Trader: if u did that[,] i would lvoe [sic] u forever Primary Submitter: 41 & 55 then ... Swiss Franc Trader: if u did that i would come over there and make love to you[,] your choice Primary Submitter: 41+51 it is Swiss Franc Trader: thouht [sic] so Primary Submitter: so shallow December 4, 2008: Swiss Franc Trader: can u put 6m swiss libor in low pls? Primary Submitter: NO Swiss Franc Trader: should have pushed the door harder Primary Submitter: Whats it worth Swiss Franc Trader: ive got some sushi rolls from yesterday? Primary Submitter: ok low 6m , just for u Swiss Franc Trader: wooooooohooooooo[,] 0.01%? thatd be awesome Primary Submitter: 1.33 Swiss Franc Trader: perfect[.] u r a nice man November 22, 2010: Senior Yen Trader: hey ...you think we be able to convince [Primary Submitter] to change the libor today? Yen Trader 1: i can try Senior Yen Trader: need to drop 3mth Libor and hike 6m Libor he dropped 6m by 2 bps last Friday Yen Trader 1: at the moment the FED are all over us about libors Senior Yen Trader: thats for the USD? Yen Trader 1: ye[]s Senior Yen Trader: dun think anyone cares the JPY libor Yen Trader 1: not yet[,] i will walk over ot [sic] them February 15, 2007: Yen Trader 2: how many people can u get to put this 1m libor low UBS Yen Trader: well us[,] [Bank E,] and a few others i think December 3, 2007: Yen Manager: for choice we want lower libors...let the [Money Market] guys know pls Yen Trader 2: sure i am setting today as [Yen Trader 1] and cash guy off [Primary Submitter] Yen Manager: great set it nice and low Yen Trader 2: 1.02 in 6m or lower Yen Manager: yeh lower Yen Trader 2: 1.01 then cant really go much lower than that Yen Manager: ok Yen Trader 2: u care for 1m and 3m too[?] looks to me like fra map pretty flat Yen Manager: lower generally dude Yen Trader 2: cool Yen Manager: within the acceptable bounds November 24, 2010: (Reflecting feigned refusal over Bloomberg Chat, immediately followed by agreement in telephone conversation.) Bloomberg Chat: Senior Yen Trader: was wondering if it suits you guys on hiking up 1bp on the 6mth Libor in JPY ... it will help our position tremendously Primary Submitter: how you doing with all the volatilities these days? ... to be honest happy with levels we see at the moment Senior Yen Trader: ok no prob ... wouldn't want to cause any problem ... thanks mate Telephone Conversation: Senior Yen Trader: Hello? Primary Submitter: Morning, [Senior Yen Trader]? Hi, [Primary Submitter]. Senior Yen Trader: Yeah, how are you? Primary Submitter: I'm pretty good sir. Very Good. We're just not, we're not allowed to have those conversations on [instant messages]. Senior Yen Trader: Oh, sorry about that. I didn't know. Primary Submitter: (laughter) Senior Yen Trader: (laughter) Oh because of the, the BBA thing? Primary Submitter: Yes, exactly. Senior Yen Trader: Ah, ok ok. Primary Submitter: So yeah, leave it with me, and uh, it won't be a problem. Senior Yen Trader: Ok, great. March 3, 2010: (Former Sterling Cash Trader now employed by Interdealer Broker A) Former Sterling Cash Trader: can i pick ur brain? Primary Submitter: yeah Former Sterling Cash Trader: u see 3m jpy libor going anywhere btween now and imm? Primary Submitter: looks fairly static to be honest , poss more pressure on upside , but not alot Former Sterling Cash Trader: oh[,] we hve a mutual friend who'd love to see it go down, no chance at all? Primary Submitter: haha [former UBS Yen Trader at Bank C] by chance Former Sterling Cash Trader: shhh Primary Submitter: hehehe , mine should remain flat , always suits me if anything to go lower as i rcve funds Former Sterling Cash Trader: gotcha, thanks, and, if u cud see ur way to a small drop there might be a steak in it for ya, haha Primary Submitter: noted;-) Former Sterling Cash Trader: 8-)