Greedy Banks: I said it would happen and now it has

[righty]

http://www.stewartslaw.com/forex-banks-likely-to-face-damages-claim-in-england.aspx

[dogtired]

Re: Greedy Banks: I said it would happen and now it is

Says security blocked?

[mystery1]

Re: Greedy Banks: I said it would happen and now it is

http://www.stewartslaw.com/forex-ban...n-england.aspx

Didn't use a space between the link and the smilie.

M1

[righty]

Re: Greedy Banks: I said it would happen and now it is

Courtesy of Stewarts Law

"UBS, RBS ,HSBC, JP Morgan and Citi, the banks at the centre of the Forex investigation are likely to face a claim for damages in the English Courts" comments Clive Zietman, Head of Commercial Litigation at Stewarts Law.

"Following the imposition of a $3.4 billion fine and the clear evidence of attempts to rig key forex benchmarks over a period of more than 6 years major institutional investors are carefully evaluating their options."
Legal claims have already been filed in the US with several US pension funds including the Philadelphia pension Scheme and the State- Boston Retirement System amongst others participating in an antitrust law suit in the Southern District of New York.
Stewarts Law currently represent more than 300 institutions in a £1.5 billion claim against RBS arising out of the April 2008 rights issue.

[righty]

Re: Greedy Banks: I said it would happen and now it is

http://www.stewartslaw.com/forex-ban...n-england.aspx

Didn't use a space between the link and the smilie.

M1

Have now:tung: