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4 Banks to Be Tried in Italy on Interest-Rate Swaps

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Margaret Bassett

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By ERIC SYLVERS
Published: March 17, 2010
A prosecutor alleges that the banks misled the city of Milan about the costs of the swaps.

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At www.nytimes.com

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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.

Related Topic(s): Banks; Credit Default Swaps; Fraud; Italy; Lawsuits Litigation, Add Tags

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