LIBOR Manipulation?
Update: August 6, 2012: " New York State’s banking regulator on Monday accused the Standard Chartered Bank of hiding about 60,000 transactions. British Bank Said to Hide $250 Billion in Iranian Transactions , New York Times, August, 6, 2012 Update:August 6, 2012: "The investigation into manipulation of the Libor interest rate has led banks to seek to implicate their rivals." Every Bank For Itself as Fault-Finding Grows , New York Times, August 6,2012 Update: July 28, 2012: "The case could open the floodgates to hundreds of millions and even billions of pounds in claims against the taxpayer-backed lender and other banks. RBS pays more than £25m to businessman David Agar over interest rate swaps. RBS’s Irish subsidiary last week agreed a settlement with Dublin-based businessman David Agar that will see it write-off swaps and loans worth €30m as well as covering Mr Agar’s legal costs, which are believed to total about €1m." RBS pays more than £25m to