The American Empire in a Changing World


Monday, July 30, 2012

''Fidelity Joins BlackRock in Weighing Libor Action Against Banks''

From Bloomberg

''BlackRock Inc. (BLK), Fidelity Investments and Vanguard Group Inc., firms that collectively manage more than $7 trillion, are gauging how their clients have been hurt by Libor manipulation and whether to take legal action as at least a dozen banks are being investigated for rate-rigging.''

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