Fannie Mae sues 9 giant banks over Libor losses
Arab Today
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. Fannie Mae, citing recent settlements involving four of the banks, said it lost $332 million in interest-rate swaps with the defendant banks, with the other losses in trades with other counterparties.
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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