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The American Empire in a Changing World



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Tuesday, February 28, 2012

''U.S. conducting criminal Libor probe''

"The Justice Department is conducting a criminal probe into whether the world's biggest banks manipulated a global benchmark rate that is at the heart of a wide range of loans and derivatives, from trillions of dollars of mortgages and bonds to interest rate swaps, a person familiar with the matter said."
from reuters...

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