More than a dozen major banks — including JPMorgan Chase and Bank of America — are named in an antitrust case filed with the Justice Department. Bloomberg News reports that the documents describe a conspiracy by the banks to pay unfairly low interest rates to state and local governments on their investments.
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Full story at http://www.npr.org/templates/story/story.php?storyId=125206689&ft=1&f=1006
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