Freddie Mac Sues More Than A Dozen Banks Over Libor Losses

Reuters via The Huffington Post 3/19/2013

Mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.

Bank of America Corp, JPMorgan Chase & Co, UBS AG and Credit Suisse Group AG are among the banks named as defendants in […]

Confused Why Goldman Will Face No Criminal Charges? Here’s Why

Tyler Durden ZeroHedge 8/9/2012

Yesterday, in a brief but informative post, we asked and answered a simple question: “Confused Why So Many Foreign Banks Are Suddenly Being Charged By The US? Here’s Why.” Naturally, the reference was to such foreign banks as Standard Chartered, Barclays and HSBC (but not UBS and Credit Suisse) which have […]

Banking scandal: how document trail reveals global scam

It’s not a comfortable weekend for the men heading some of the world’s biggest banks. Barclays has already been hit by a £290m ($455 million US) fine for rigging interest rates but that could be dwarfed by a series of global lawsuits which could cost banks billions

Jamie Doward The Guardian [UK] 30 June 2012

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