Seeking Alpha

The lawsuits against banks over their alleged manipulation of the Libor and other rates are...

The lawsuits against banks over their alleged manipulation of the Libor and other rates are accumulating, with Charles Schwab (SCHW), cities, insurers,lenders and individual investors assessing or activating their legal options. BlackRock (BLK), Federated Investors (FII) and Calpers are among those calculating whether they lost money. Estimates for banks' liabilities range from $7.8B-$176B.
Comments (2)
  • These "news flashes" are too often only an advertisement for the source publication. Even if I did subscribe to the source, how good is the link to get to it? SA editors take note, please test these posts before you let them loose. Else, you will start to lose readers with this "junk mail."
    27 Aug 2012, 06:17 AM Reply Like
  • agreed.
    27 Aug 2012, 08:40 AM Reply Like
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