Simply Credit Help – Debt and Bad Credit Improvement Advice
from-lending

Jailed Libor trader Tom Hayes appeals 14-year sentence, conviction

November 30, 2015 by · Leave a Comment 

Tom Hayes, the first trader convicted by a jury of manipulating Libor benchmark interest rates, on Tuesday begins a two-day, appeal against his conviction and a 14-year jail sentence, one of the toughest to date for white collar crime. The London case is being heard by Lord Chief Justice John Thomas — the head…

See the rest here:
Jailed Libor trader Tom Hayes appeals 14-year sentence, conviction

from-lending

Fed approves curb to future ‘too big to fail’ lending

November 30, 2015 by · Leave a Comment 

The Federal Reserve Board on Monday approved a proposal to curb its emergency lending powers, a change demanded by Congress after the central bank's controversial decision to aid AIG , Citigroup and others in 2008. The rule, unanimously approved by the Fed's Washington-based board in an open meeting, requires that any future emergency lending be only “broad-based” to address larger financial market…

Read the original here:
Fed approves curb to future ‘too big to fail’ lending