Fannie Mae Sues Banks over Libor-Fixing Scandal
Targets nine banks for $800 million
Libor Rate
Dutch Bank Fined $1.1 Billion for Libor Scandal
Fifth firm penalized for manipulating rate
Fed's Use of Broken LIBOR Made Financial Institutions Look Stronger
Manipulating numbers downward was way to ease loan terms
The Fed's Harmful Monetary Policy
From a long-term perspective, the Federal Reserve is doing more harm than good right now to economic stability.