The world's biggest banks won a major victory on Friday when a U.S. judge dismissed a "substantial portion" of the claims in private lawsuits accusing them of rigging global benchmark interest rates.
The 16 banks had faced claims totaling billions of dollars in the case, which had been considered the biggest legal threat that they faced aside from investigations being pursued by regulators in the United States, Europe and Britain.
so I guess while everyone was watching the prop 8 and north korea, the libor scandal was quietly being swept under the rug.
what a piece of shit this judge is. http://en.wikipedia.org/wiki/Naomi_Reice_Buchwald