US builds case against bankers over Libor

Posted by on Jul 17, 2012 | Comments Off on US builds case against bankers over Libor

The US justice department is preparing a criminal case against major banks and individuals over international interest rate manipulation, But public and political pressure is also building across the Atlantic. Saturday’s report of a likely US criminal actions comes as private US investors prepare suits and the Commodity Futures Trading Commission carries out a far-reaching regulatory inquiry. The “Libor”... 
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