States filing suits against banks in Libor scandal

Filed under: AM Roundup |

As states weigh their losses in the Libor scandal, where banks were accused of fixing global interest rates, many are considering suing the nation’s largest banks, said the New York Times.

States are still trying to sort out how much money was lost due to the scandal. Experts say that shows how complicated and far-reaching the scandal is.

Read more at the New York Times.