Freddie Mac, Libor and Lawsuit


I just saw this in Thursday’s USA Today newspaper in the Money section so it’s old news but new news to me.  They are suing banks such as JPMorgan Chase, Bank of America and Citigroup, accusing them of rigging the Libor interest rate which caused major losses for Freddie Mac.

(LOL!!)

My, my; recent events are certainly rearranging the landscape of worldly affairs.

I am reminded of the report last year that James Holmes’s father was supposed to testify in the ongoing investigation.

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 79 other followers

%d bloggers like this: