First of all, it depends on who was hurt by LIBOR. Notably, if LIBOR were "artificially low," someone could argue he or she might have paid less than expected. However, if the LIBOR is "artificially high," we can say the loan had us paying more than what is required. Naturally, those who believe they were ripped off are upset and filing lawsuits. For this reason, the city of Baltimore is suing the major banks like Bank of America, Barclays, Citibank, Deutsche Bank, and JPMorgan Chase because of their involvement with LIBOR. According to CNBC, "Barclays agreed to settle charges of manipulation and pay U.S. and British regulators $450 million." As for who benefits from the manipulation of LIBOR, it is clearly the upper executive leadership within
