Move Over Robo-Gate...U.S. States Look To Enter Libor-Gate Manipulation Case

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Move Over Robo-Gate…U.S. States Look To Enter Libor-Gate Manipulation Case

Move Over Robo-Gate…U.S. States Look To Enter Libor-Gate Manipulation Case

Forget the Robo-Signing scandal…This WILL cost them in the $10’s of Billions. (see the InfoGraphic below)

We know when MA AG Martha Coakley looks, she will find! Too bad the same can’t be said for the FL AG.

This is going to get Fugly!

Reuters-

State attorneys general are jumping into the widening scandal over whether banks tried to manipulate benchmark international lending rates, a move that could open a new front against the top global banks.

A handful of state attorneys general said they are looking into whether they have jurisdiction over the banks, and are starting preliminary discussions to determine what kind of impact the conduct involving the Libor rate may have had in their states.

“Our office is aware of the allegations around the manipulation of the Libor, and we are working with other state agencies to determine whether Massachusetts has suffered any losses as a result,” a spokesman for Massachusetts Attorney General Martha Coakley said.

A spokesman for Florida Attorney General Pam Bondi said his office is aware of the recent settlement reached by British bank Barclays with U.S. and UK authorities and “will look at the case to the extent that our office might have any jurisdiction in the matter.”

[REUTERS]

The Libor Rate Scandal.

Infographic by AccountingDegree.net

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

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One Response to “Move Over Robo-Gate…U.S. States Look To Enter Libor-Gate Manipulation Case”

  1. ARE YOU KIDDING ME? THE AG’S JUMPED IN THE LAST TIME TO DO A REDICULOUS SETTLEMENT WITH THESE CRIMINALS TO LET THEM OFF THE HOOK!……FOR THE BIGGER PICTURE. LIKE THEY ARE GOING TO DO SOMETHING THIS TIME. WE WILL SETTLE WITH YOU AS LONG AS YOU DONT DO THIS AGAIN AND YOU GIVE 25 BILLION TO US SO WE CAN SUPPLEMENT OUR STATE BUDGETS AND PRETEND THE MONEY IS COMING FOR THE HOMEOWNERS. MOST OF THE PUBLIC WILL BE FOOLED BY THE 25 BILLION DOLLAR FIGURE CAUSE $500.00 MEANS A LOT TO THE POOR!!! THEY WILL NOT REALIZE IT SHOULD BE IN THE HUNDREDS OF BILLIONS TO TRILLIONS AND WE CAN HAVE A WIN WIN HAPPY ENDING TO RESOLVE THE COST OF LITIGATION FEES IN CHUNK MONEY AND NO ONE WILL BE ABLE TO DO ANYTHING ABOUT IT. ….SORRY I HAVE LITTLE TO NO CONFIDENCE IF THIS IS REALLY GOING TO OPEN UP AN AVENUE TO HELP THE REAL VICTIMS WITH REAL MONEY AND ALL OF THEM NOT A SELECT FEW AND HAVE THE MONEY MISAPPROPRIATED TO STATE FUNDS. OUR GOVERNMENT GETS AWAY WITH PROTECTING THESE BANKS DUE TO VERY FEW CITIZENS HAVE THE RESOURCE TO FIGHT FOR THEIR RIGHTS AND THE CRIME IS OVER THE HEADS THAT ARE STUCK IN SAND STILL HALUCINATING THEY LIVE IN AMERICA THE LAND OF THE FREE.

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