BUSINESS
03/19/2013 07:57 pm ET

Freddie Mac Sues Banks For Libor Losses

Freddie Mac sued Bank of America Corp. (BAC), UBS AG, JPMorgan Chase & Co. (JPM) and at least 12 other banks over alleged manipulation of the London interbank offered rate, saying the companies’ conduct caused the mortgage financier substantial losses.

Read more on Bloomberg

ALSO ON HUFFPOST:

Libor Scandal Timeline

CONVERSATIONS