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Berkshire Bank, with all its 11 branches and $881M in assets, files a lawsuit alleging it was...

Berkshire Bank, with all its 11 branches and $881M in assets, files a lawsuit alleging it was cheated out of interest income because of the "artificially" depressed Libor rate. The bank is proposing class-action status for the suit, claiming "tens, if not hundreds, of billions of dollars" of loans made or sold in the state were affected by Libor-rigging.
Comments (1)
  • Eighthman
    , contributor
    Comments (245) | Send Message
     
    The wolves are starving so they must turn on each other.....
    30 Jul 2012, 04:08 PM Reply Like
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