US regulator sues 16 banks for allegedly manipulating the Libor

Wednesday, March 19th 2014 - 07:13 UTC

Full article 4 comments

US regulator has sued 16 banks for allegedly manipulating the London interbank offered rate (Libor).The Libor rate is used to set trillions of dollars of financial contracts, including mortgages and financial transactions around the world. Read full article

Comments

Disclaimer & comment rules

Klingon
Who gets the money from suing them??
The US, so it can continue being the world police and start another war.
Mar 19th, 2014 - 11:46 am - Link - Report abuse 0
-+
sussie@usa
1 Bugger Yobbo

Don't forget the UK likes to follows the USA 'wars'....
remember the invasion to Iraq?
Mar 19th, 2014 - 06:02 pm - Link - Report abuse 0
-+
ChrisR
This MUST be lies!

Didn't the Yanks protest about the Brits “fixing the rate” and screwing Yankland?

And now it seems they were in it from the start. WTF would have thought that?

HA, HA, HA, just about everybody!
Mar 19th, 2014 - 07:44 pm - Link - Report abuse 0
-+
Fido Dido
yawn, nobody goes to jail, meanwhile the people are being screwed. All theater, move on.
Mar 20th, 2014 - 01:59 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!