a fine that totals a few days market rigging and no admission of guilt and most importantly,no one has to face prospect of jail-time.banksters win.
Why bover,alright!!
profits to all.BMD
JPMorgan, UBS Said Among Banks Queried in Libor Probe
By David McLaughlin - Aug 16, 2012 7:51 AM GMT+1000 Facebook Share LinkedIn Google +1 4 Comments
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JPMorgan Chase & Co. (JPM) and Barclays Plc (BARC) are among seven banks subpoenaed in New York and Connecticut’s investigation into alleged manipulation of Libor, according to a person familiar with the matter and company filings.
Subpoenas were sent in recent weeks to five of the banks, Deutsche Bank AG (DBK), Royal Bank of Scotland Group Plc and HSBC Holdings Plc (HSBA) in addition to JPMorgan and Barclays, said the person. Citigroup Inc. (C) and UBS AG (UBSN) received subpoenas earlier this year as part of the investigation.
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