and new, today, we are seeing a memo the treasury secretary geithner said years ago, back when he was head of the new york fed, fox business network got a copy of it, and it suggests that officials knew there was something trning going on in the interest rate market at that time. this all goes back back to barclays in britain, after they admitted they lied of the interest rates they pay to borrow money from other banks. that affected what all of us paid on our loans, credit cards, mortgages, car payments, you name it and the newly obtained documents could shed light on what happened. james rosen with the news like for us in washington, dc. james? the newly released documents from the new york fed suggest that america s central bankers had early idea of the lending scandal surrounding the libor rate, the average, rate banks
very much, both of you. a banking scandal in britain affecting what we pay for loans in the country and a new memo is suggesting that officials may have known something was wrong long before it all went public and the place coach joe paterno s family reacting to the devastating report on the penn state child sex abuse scandal. what the paterno family says they wish joe pa had done differently. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today.