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HomeLIBOR Scandal: NY AG Takes Center Stage
Posted by Larry Doyle on August 16th, 2012 9:37 AM |
One might only guess that New York Attorney General Eric Schneiderman and his colleague NY Department of Financial Services’ superintendent Benjamin Lawsky are not on the distribution list for the Wall Street-Washington Incestuous Regulatory Relationship mailings. That is a good thing.
Hopefully other state regulators and attorneys general might take a cue from these two.
On the heels of Lawsky playing hardball with the Standard Chartered – Iranian Laundromat, we now see Schneiderman doing the same with seven Wall Street heavyweights implicated in the largest financial scandal in history, that is, the manipulation of Libor. Which heavyweights? (more…)
