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US Conducting Criminal Libor Probe: Source | |
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February 29, 2012 The U.S. Justice Department is conducting a criminal probe into whether the world's biggest banks manipulated a global benchmark rate that is at the heart of a wide range of loans and derivatives, from trillions of dollars of mortgages and bonds to interest rate swaps , a person familiar with the matter said. Source: http://www.cnbc.com/id/46567763?__source=RSS*tag*&par=RSS |
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