Fannie Mae Sues 9 Giant Banks Over Libor Losses

Fannie Mae sues 9 giant banks over Libor losses (via AFP)

Fannie Mae Thursday sued nine giant banks plus the British Bankers Association over some $800 million in losses due to alleged rate-rigging manipulation in the latest fallout from the Libor scandal. A spokesman for Fannie Mae said the government-backed…

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