Johnnyiwantsome, Any News Regarding LIBOR?
IMO, LIBOR settlement is the final chapter in closing ABS/MBS issues for the FDIC, Lehman Brothers, WMI/WMB, Thornburg Mortgage, and others vs. the big Banks JPM, BofA, WF, and others accused-guilty of currency-LIBOR manipulation.
This is why these banks have been raising extra money thru Bond offerings.