New York Fed Gets More Time To Produce Libor Documents
Law360, New York (August 29, 2012, 7:40 PM EDT) -- The Federal Reserve Bank of New York is getting extra time from Congress to produce internal communications related to possible Libor manipulation by major banks, and the scope of requested documents has been dialed back, officials said Wednesday.
The information demand has been narrowed to emails among employees of the New York Fed as well as emails between New York Fed employees and regulators, said Jeff Emerson, spokesman for the House Financial Services Committee.
Rep. Randy Neugebauer, R-Texas, who heads the committee's oversight panel, last month asked the New York Fed to turn over intrabank communications and documents as far back...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!