Justice Department Building Case Against Financial Institutions

Steve Neavling ticklethewire.com The U.S. Justice Department is investigating several financial institutions and their employees over the manipulation of interest rates, Reuters reports. Traders at Barclays Plc are among the institutions under investigation related to how banks set the London interbank offered rate, or Libor, Reuters reported, citing sources who spoke on condition of anonymity….

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Why Aren’t the Bankers in Trouble?

By Danny Fenster ticklethewire.com In the wake of the financial sector’s meltdown, many were on the hunt for the blood of bankers. But convictions for wrongdoing on Wall Street have been remarkably scarce in the aftermath of the industry’s collapse–no small part of why Occupy Wall Street protestors have gathered in lower Manhattan. A Wall…

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