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 […]