Reuters: Prosecutors Close To Making LIBOR Arrests

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Prosecutors and European regulators are close to arresting individuals connected to the widening London Interbank Offered Rate, or LIBOR, scandal, Reuters reports:

Federal prosecutors in Washington, D.C., have recently contacted lawyers representing some of the suspects to notify them that criminal charges and arrests could be imminent, said two of those sources, who asked not to be identified because the investigation is ongoing.

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