Sunday, March 31, 2013

Judge dismisses LIBOR lawsuits against big banks


This final note today, in which the big banks get a big win. This afternoon, a federal judge in New York dismissed a big chunk of the lawsuits against banks involved in the LIBOR scandal. The interest rate fixing — well, I dunno if I can call it a scam anymore — from last year.


Bank of America, JPMorgan Chase and others had been on the hook.


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Judge dismisses LIBOR lawsuits against big banks

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