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September 6, 2012
NY Times Report On Public Officials Suing On `Broadening' LIBOR/Barclays Scandal Doesn’t `Broaden' To Mention “Barclays” Center
Noticing New York
In a new article (in today’s print edition) the New York Times has continued reporting about how government officials around the country are “working intensely behind the scenes to build a case for suing the nation’s largest banks” in connection with the LIBOR/Barclays rate fixing scandal. . . .
(See: Banks Face Suits as States Weigh Libor Losses, by Nathaniel Popper, September 4, 2012.)
. . . It’s the second Times article about such government lawsuits. Once again, the article doesn’t report that local New York government lawsuits against Barclays Bank would occur, ironically, just as the New York taxpayers are providing massive subsidy for the promotion of Barclays Bank with the opening of the Ratner/Prokhorov basketball arena to which the “Barclays” name is being affixed.
Click through for more, including a quiz challenging readers to guess the difference between The Times's real estate and sports sections.
Posted by eric at September 6, 2012 12:36 PM