From Aljazeera
''The US justice department is preparing a criminal case against major banks and individuals over international interest rate manipulation, the New York Times reported.
The "Libor" scandal so far has been most acute in London, with public outcry that regulation in Britain was lax. But concern has grown about the wider impact on consumers and the involvement of US regulators.
But public and political pressure is also building across the Atlantic. Saturday's report of a likely US criminal actions comes as private US investors prepare suits and the Commodity Futures Trading Commission carries out a far-reaching regulatory inquiry.''
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