Relevant:
- Barclays, Deutsche Bank Face U.S. Senate Hearing On Leverage
- BofA $8.5 Billion Mortgage Securities Accord to Be Reviewed by U.S. Court
- FDIC Objects to Bank of America's Proposed $8.5 Billion Mortgage-Bond Pact
- Barclays chief publicly threatens blackmail of politicians over LIBOR probe
- German top court 'not interested' in saving euro
2010-08-18 — bloomberg.com
"In yesterday’s hearing, Sullivan said the Barclays settlement “concerns the court.†Unlike the London-based firm, the average American caught robbing a bank doesn’t get deferred prosecution and the option of returning ill-gotten gains, he said. The judge said he will probe further into the accord at today’s hearing."
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