Oakland leaders urge broad battle with Goldman Sachs | Reuters

Oakland leaders urge broad battle with Goldman Sachs | Reuters: (Reuters) - "Oakland leaders took their financial troubles to the doorstep of Goldman Sachs on Tuesday, urging other cities to join them in fighting a bank that has become a lightning rod for criticism of the U.S. financial system."

Exclusive: Banks in Libor probe consider group settlement-sources | Reuters

Exclusive: Banks in Libor probe consider group settlement-sources | Reuters: (Reuters) - "A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar with the banks' thinking said."

The impact of the rate-rigging scandal - Counting the Cost - Al Jazeera English

The impact of the rate-rigging scandal - Counting the Cost - Al Jazeera English

Bob Diamond would have known about Libor rigging, claims whistleblower | Business | guardian.co.uk

Bob Diamond would have known about Libor rigging, claims whistleblower | Business | guardian.co.uk

Barclays chairman to quit; Libor discussed with BoE | Reuters

Barclays chairman to quit; Libor discussed with BoE | Reuters: Reuters) - "Barclays Plc (BARC.L) Chairman Marcus Agius is set to quit on Monday as the interest rate rigging scandal takes its first major scalp and threatens to widen to other banks, raising questions about the involvement of the Bank of England."

Bank rate rigging scandal widens; Diamond fights on | Reuters

Bank rate rigging scandal widens; Diamond fights on | Reuters: (Reuters) - "A scandal over the rigging of key interest rates could create a legal morass that may hamper the global banking industry for years, analysts said, as the head of Barclays (BARC.L) fought to hold onto his job."

Weak house prices drag U.S. family wealth : Fed | Reuters

Weak house prices drag U.S. family wealth : Fed | Reuters: (Reuters) - "Americans suffered a record decline in wealth between 2007 and 2010 as home values tumbled, according to a Federal Reserve report on Monday that underscored the severity of the recent recession."

It is not only house prices which made family poorer. Low interest rates had a major role in having families with some cash unable to place it in CDs for at a good rate.

Fed set to push back timing of eventual rate hike | Reuters

Fed set to push back timing of eventual rate hike | Reuters: (Reuters) - "The Federal Reserve looks set to keep monetary policy on hold on Wednesday, even as it releases forecasts expected to show interest rates will be near zero for at least two more years."

Fed looks set to ease policy as outlook dims | Reuters

Fed looks set to ease policy as outlook dims | Reuters: (Reuters) - "The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering economic recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth."

Plosser calls Fed's low rate pledge inappropriate | Reuters

Plosser calls Fed's low rate pledge inappropriate | Reuters: "'Personally, I believe we're going to have to raise rates well before mid-2013,' Plosser said."