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    Libor Scandal

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    • Banks in Libor probe consider group settlement

      Sources say a group of banks being investigated in an interest rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone.

    • Resentment against fin institutions due to LIBOR scam: INET

      Evaluating the impact of the LIBOR scandal, Robert Johnson, Executive Director, INET said that this episode is building resentment towards large complex financial institutions that were bailed out or turning countries in Europe inside out to avoid taking write downs on the loans they made.

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