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Guardian, a Wolverhampton, England-based company that provides housing for the elderly, claims a Libor-based interest-rate swap bought from Barclays isn’t valid because the bank knew, or should have known, the rate wasn’t accurate.

Photographer: Simon Dawson/Bloomberg

Guardian, a Wolverhampton, England-based company that provides housing for the elderly, claims a Libor-based interest-rate swap bought from Barclays isn’t valid because the bank knew, or should have known, the rate wasn’t accurate.
October 29, 2012
Article
Libor-Rigging Banks Leave London Customers Disillusioned
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