Now 16 Banks Subpoenaed in Libor Mess
Bank of America, Credit Suisse drawn into probe
By Matt Cantor, Newser User
Posted Oct 26, 2012 5:02 AM CDT
In this 2009 file photo, a Bank of America branch office is shown in New York.   (AP Photo/Mark Lennihan, file)

(Newser) – Add nine more top banks to the list of subpoenas in the Libor scandal: Bank of America, Credit Suisse, Bank of Tokyo Mitsubishi, Lloyds Banking Group, Royal Bank of Canada, Rabobank, Societe Generale, Norinchukin Bank, and West LB were all handed subpoenas in August and September, the Wall Street Journal reports. It's all part of a probe by the attorneys general of Connecticut and New York into reported fixing of interest rates.

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Showing 3 of 5 comments
TiredMemeCat
Oct 26, 2012 10:54 PM CDT
Boy, it's so hard to keep track of all the crooked bankers sent to prison...
sean8513
Oct 26, 2012 10:13 AM CDT
as if any type of worthwhile prosecution will come out of this...just another case of blowing hot air
NEWalker
Oct 26, 2012 8:47 AM CDT
Why aren't the Feds all over this? Why are these cases only coming out of two state attorney generals' offices? THIS REEKS OF CORRUPTION.