Wednesday, February 29, 2012

Exclusive: U.S. conducting criminal Libor probe (Reuters)

[unable to retrieve full-text content]Reuters - The Justice Department is conducting a criminal probe into whether the world's biggest banks manipulated a global benchmark rate that is at the heart of a wide range of loans and derivatives, from trillions of dollars of mortgages and bonds to interest rate swaps, a person familiar with the matter said.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20120228/bs_nm/us_libor_probe

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