| And CEO Dimon has spent weeks trying to distance himself from the libor issue. |
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| Barclays was just the first bank implicated in the libor rate-manipulation scandal. |
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| The FSA complaint says that there were more than 800 requests for the yen libor alone, and 115 for libors in other currencies. |
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| But with so many other troubling threads to follow, libor investigation and reform may just be scratching the surface. |
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| The second flurry of news pertains to the long-running libor scandal. |
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| The loan market determined by the LIBOR rate, is worth some 10 trillion dollars annually. |
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| According to the FDIC, the institutions, part of the US dollar Libor panel, 'fraudulently and collusively suppressed' the rate. |
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| As of October 29th, three-month dollar Libor had fallen for 13 straight days and was nearly one-and-a-half percentage points below its October 10th level. |
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