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Traders Under Investigation For LIBOR Rigging Keep Turning Up At Swiss Hedge Funds [1]

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Submitted by Rain on Tue, 07/24/2012 - 06:37

BusinessInsider.com

Matthew Boesler [2]

Jul. 19, 2012, 2:15 PM


If you've been following the LIBOR interest-rate rigging scandal that is causing Wall Street to implode right now, you may be aware that major global banks all over the world are being dragged into the mess [3].

Individual traders from these banks are getting pinned with the blame. Bloomberg reports [4] that Michael Zrihen at Credit Agricole [5], Didier Sander at HSBC [6], and Christian Bittar at Deutsche Bank [7] are all under investigation over their involvement in the manipulation of LIBOR.

To read the rest of this story, visit Business Insider [8].

Category: 

  • Freedom Project [9]

Source URL: //soundofheart.org/galacticfreepress/content/traders-under-investigation-libor-rigging-keep-turning-swiss-hedge-funds

Links
[1] //soundofheart.org/galacticfreepress/content/traders-under-investigation-libor-rigging-keep-turning-swiss-hedge-funds
[2] //soundofheart.org/author/matthew-boesler
[3] http://www.businessinsider.com/traders-at-four-banks-are-being-investigated-in-the-libor-probe-and-wall-street-may-start-eating-its-own-2012-7
[4] http://www.bloomberg.com/news/2012-07-18/traders-at-deutsche-bank-and-hsbc-investigated-in-libor-probe.html
[5] http://www.businessinsider.com/blackboard/credit-agricole
[6] http://www.businessinsider.com/blackboard/hsbc
[7] http://www.businessinsider.com/blackboard/deutsche-bank
[8] http://www.businessinsider.com/traders-accused-of-libor-rigging-keep-turning-up-at-swiss-hedge-funds-2012-7
[9] //soundofheart.org/galacticfreepress/type-post/galactic-free-press/freedom-project