Butterfield: Libor Damages Will Be Very Substantial

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July 9 (Bloomberg) -- William Butterfield, a partner with Hausfeld LLP in Washington talks about the City of Baltimore and New Britain Firefighters’ Benefit Fund filing a consolidated and amended complaint against Citigroup, Credit Suisse, Bank of America and more than a dozen other banks, alleging they artificially "suppressed" the London interbank offered rate. (Source: Bloomberg)

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