LIBOR RIPPED OFF OREGON for 110 Million!

New research shows that the state of Oregon alone lost at least $110 million as a result of the LIBOR scam. The research on Oregon is based on an analysis of monthly investment data provided by State Street Bank, the custodian bank for the State of Oregon. On Friday, the Oregon Working Families Party joined a coalition of labor and community leaders to call on Governor John Kitzhaber to sue the Wall Street banks responsible for the costly fraud. According to a statement from the WFP, Oregon has not filed a single lawsuit in connected to LIBOR. The governor remains mute on the issue. 
“Wall Street just robbed us again. When are our leaders going to stand up for Oregonians to bring some of our money back home?” said Steve Hughes, state director of the Oregon Working Families Party. “This ain’t chump change either—with $110 million Oregon could literally double its contribution to the Oregon Opportunity Grant to help more Oregon students get a college education.”


http://www.alternet.org/economy/your-retirement-bottle-champagne-how-wall-street-fraudsters-ripped-you-again?page=0%2C1