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.


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.

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