Inter Bank Offered Rate | InvestmentWatch

U.S. pensioner who had her house repossessed launches class action against 12 banks for ‘rigging mortgage rates in Libor scandal’

65-year-old pensioner who lost her home leads charge over ‘unjust enrichment’ between 2000 and 2009
Lawsuit claims the Libor rate rose ‘artificially’ on the first day of the month – the days when many mortgage rates are calculated
Barclays, RBS, Lloyds and Bank of America all named in class-action lawsuit

A 65-year-old American woman who lost her home in the credit crunch is leading a class-action suit against 12 of the world’s major [...]

The Biggest Financial Scandal In History: 20 major banks have been systematically fixing global interest rates for years, No mass arrests!!

by Michael

We always knew that the financial markets were rigged, but this is getting ridiculous. It is now being alleged that 20 major banks have been systematically fixing global interest rates for years. Barclays has already been fined hundreds of millions of dollars for manipulating Libor (the London Inter Bank Offered Rate). But Barclays says that a whole bunch of other banks were doing this too. This is shaping up to be [...]

InvestmentWatch

U.S. pensioner who had her house repossessed launches class action against 12 banks for ‘rigging mortgage rates in Libor scandal’

The Biggest Financial Scandal In History: 20 major banks have been systematically fixing global interest rates for years, No mass arrests!!

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