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dugit69

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dugit69

Re: Soxfan96 post# 396476

Friday, 03/14/2014 4:55:51 PM

Friday, March 14, 2014 4:55:51 PM

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Soxfan,

I agree with you 100%. Washington Mutual Litigation Trust might get some dollars from the FDIC lawsuit for fixing LIBOR. I believe we are talking a lot of damages. This news can be very big if you are holding escrow shares.

The closed banks' losses flowed directly from, among other things, the harm to competition caused by the fraud and collusion alleged in the complaint," the FDIC said in the lawsuit.
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