(Update) Criminal Investigation of US Banks in Interest-Rate Fixing Scandal Set to Begin

Ben Protess and Mark Scott in their recently posted New York Times article updated July 15, 2012 offers “As regulators ramp up their global investigation into the manipulation of interest rates, the Justice Department has identified potential criminal wrongdoing by big banks and individuals at the center of the scandal“. “A scandal over rate-fixing is about to hit the US, Protess and Scott...