The Wall Street Journal July 27, 2012 p. C3
Majia here: Do you have a 401k? If so, your investments may have been harmed by the big banks' manipulation of the Libor rate.
Kristen Grind of the WSJ reports: "Several large mutual fund companies, including BlackRock Inc and Vanguard Group Inco have launched internal investigations into whether their funds have been harmed by alleged interest-rate rigging by large banks...
Majia here: The article notes that around $2.5 trillion in assets could be the most likely affected because of possible ties to Libor
For background on Libor see my post here: