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Banks Try To Escape Philly, Baltimore Bond Rate-Rigging Suit

By Reenat Sinay ( July 31, 2019, 2:35 PM EDT) -- A slew of major banks, including Bank of America, Barclays and Goldman Sachs, have urged a New York federal court to exclude them from an antitrust suit accusing them of conspiring to artificially inflate the interest rates on securities known as variable-rate demand obligation bonds. . . .

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