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Post by bot on Oct 29, 2013 15:42:34 GMT -5
Rabobank Admits Wrongdoing in Libor Investigation, Agrees to Pay $325 Million Criminal Penalty 10/29/2013 08:08 AM EDT Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank) has entered into an agreement with the Department of Justice to pay a $325 million penalty to resolve violations arising from Rabobank’s submissions for the London InterBank Offered Rate (LIBOR) and the Euro Interbank Offered Rate (Euribor), which are leading benchmark interest rates around the world, the Justice Department announced today. www.justice.gov/opa/pr/2013/October/13-crm-1147.htmldaily weblog archives www.usdemocrats.com/weblogcompendium usdemocrats.proboards.comtwitter www.twitter.com/usdemocratsgeo information portal www.1t23.com
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