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Technical stuff for CPAs providing attestation services

Leaks: 3 more big banks may settle Libor manipulation cases by end of summer – also good infographic

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The Wall Street Journal reports Regulators Hope for Libor Pacts.

It is possible three more major banks may settle charges of playing games with Libor by the end of the summer. A dozen firms are under investigation. The probe has expanded to include the interdealer brokers.

My hope is the second round of settlements will continue the pattern of a guilty plea to a criminal charge.

Bookmark the article, because there is a great infographic that summarizes the settlements thus far.

Written by Jim Ulvog

February 28, 2013, 21:18 pm at 9:18 pm

Posted in Accounting, Other stuff

Tagged with ,

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