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Thursday, July 26, 2012

Investors DEMAND hedge funds show CLEAN HANDS on Libor

Investors DEMAND hedge funds show CLEAN HANDS on Libor

Investors are pushing some of the world's biggest hedge funds to show that their traders played no part in the interest rate rigging scandal plaguing major banks.
These hedge funds have responded with in-depth internal probes which they hope will assure investors that they did not collude with the banks, are completely clean and will not become embroiled in the affair, people familiar with the funds said.

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