AFR in the News: Rigged Libor Costs States & Localities $6 Billion
“The Libor bid-rigging scandal is poised to more than double the losses suffered by U.S. states and localities that bought $500 billion in interest-rate swaps before the financial crisis,” according to...
View ArticleAFR Statement on UBS LIBOR Price Fixing
"These actions run far too deep and are much too extensive to be written off as the behavior of a few ‘rogue traders.'"
View ArticleAFR Statement: Appeals court reopens the door to justice in LIBOR rate rigging
"Despite admissions of wrongdoing by major banks, the many victims of this fraud – from governments to pension funds to smaller banks – have yet to be compensated for their losses. With today’s ruling,...
View ArticleJoint Letter: Letter to CFPB Urging Stronger Safeguards for LIBOR Transition
Joint consumer advocate comments to CFPB on LIBOR transition The post Joint Letter: Letter to CFPB Urging Stronger Safeguards for LIBOR Transition appeared first on Americans for Financial Reform.
View ArticleLetters to Regulators: Letter Urging HUD to Take Action to Protect Borrowers...
Americans for Financial Reform Education Fund, Center for Responsible Lending, National Consumer Law Center, National Fair Housing Alliance, and Student Borrower Protection Center sent a joint letter...
View ArticleLetters to Congress: Letter in Support of the Economic Continuity and...
AFR joined NCLC and SBPC in a letter to Congress in support of the Economic Continuity and Stability Act, which would facilitate the credit industry’s smooth transition from the LIBOR index. The post...
View ArticleAFR in the News: Rigged Libor Costs States & Localities $6 Billion
“The Libor bid-rigging scandal is poised to more than double the losses suffered by U.S. states and localities that bought $500 billion in interest-rate swaps before the financial crisis,” according to...
View ArticleAFR Statement on UBS LIBOR Price Fixing
"These actions run far too deep and are much too extensive to be written off as the behavior of a few ‘rogue traders.'" The post AFR Statement on UBS LIBOR Price Fixing appeared first on Americans for...
View ArticleAFR Statement: Appeals court reopens the door to justice in LIBOR rate rigging
"Despite admissions of wrongdoing by major banks, the many victims of this fraud – from governments to pension funds to smaller banks – have yet to be compensated for their losses. With today’s ruling,...
View ArticleAFR in the News: Rigged Libor Costs States & Localities $6 Billion
“The Libor bid-rigging scandal is poised to more than double the losses suffered by U.S. states and localities that bought $500 billion in interest-rate swaps before the financial crisis,” according to...
View ArticleAFR Statement on UBS LIBOR Price Fixing
"These actions run far too deep and are much too extensive to be written off as the behavior of a few ‘rogue traders.'" The post AFR Statement on UBS LIBOR Price Fixing appeared first on Americans for...
View ArticleAFR Statement: Appeals court reopens the door to justice in LIBOR rate rigging
"Despite admissions of wrongdoing by major banks, the many victims of this fraud – from governments to pension funds to smaller banks – have yet to be compensated for their losses. With today’s ruling,...
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