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US Federal Court: Private Lawsuit Could Bring 16 Of The World’s Largest Criminal Banks To Their Knees

In 2007, more than a dozen of the world’s largest banks colluded to deliberately depress the rate at which they paid out on investments. This rate is known as the London Interbank Offered Rate (LIBOR), which is the average of interest rates estimated by each of the leading banks in London that it would be charged Read More…