The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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J.P. Morgan, BofA, Citi among banks sued by Fannie

NEW YORK (MarketWatch)
Bank of America Corp.  Citigroup Inc. and J.P. Morgan Chase & Co. are among the banks that Fannie Mae filed charges against Thursday, alleging that they manipulated a key interest rate known as the Libor
The lawsuit also names four banks that have settled previous Libor-related charges: British bank Barclays PLC  , Swiss bank UBS AG , Royal Bank of Scotland Group PLC and Dutch bank Rabobank
Rabobank's CEO resigned this week after the bank announced its settlement
Fannie Mae also sued Credit Suisse Group AG  and Germany-based Deutsche Bank

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