ML-Implode News - Libor Fines and Robot Analysts

Barclays, which in 2012 paid $160 million to the U.S. Department of Justice, $200 million to the Commodity Futures Trading CommissionÂ and 59.5 million pounds to the U.K. Financial Services AuthorityÂ for manipulatingÂ Libor, will pay another $100 million to a collection of U.S. state attorneys general for manipulating Libor. There are 44 states involved in this settlement, which I guess technically means that Barclays has now been fined 47 times for the same Libor manipulation.
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But also, I mean, there are 50 states. There are at least 193 countries. Interest-rate manipulation isn't like shoplifting; it doesn't just happen in one place. You might do it from your office in London, but the interest rate filters out into the world. Surely someone in Cameroon was somehow affected by the manipulation of dollar Libor. There are probably some county ordinances in Iowa that were violated by Libor manipulation; where are the counties' settlements?

Relevant:

Libor Fines and Robot Analysts