Mr. Milken avoided pleading to those charges, but he did admit market manipulation of a type that was clearly illegal.
Rather than admitting market manipulation, the bank is expected to acknowledge a series of facts that the C.F.T.C. will characterize as "recklessly employing manipulative devices".
It also launched a mobile Like button to ensure that it will colonize everyone's apps, admitted to emotional manipulation on the News Feed, setting up a formal review process for pre-approving research on its users.
And it is likely there will also be a volley of parasitic civil litigation by those who entered into transactions with banks which have admitted attempted rate-manipulation, if they can show some actual effect on rates.
Speaking at last night's European premiere at the London film festival, the screenwriter admitted that a certain manipulation had to occur in order to make the film.
Andy Aitken was a bit concerned, he admitted, at the "brand manipulation" for sponsors on site, allowing their logos everywhere and no one else's, and he and wife Zoe thought the chips restriction was "a bit OTT.
Still, JPMorgan's potential exposure could be significant if it were to admit to market manipulation in the trading commission case.
When asked if he admitted acting dishonestly in the manipulation of Libor, he replied: "Yes, I admit that I was dishonest and was dishonest within an environment that was prevalent among all the banks, yeah".
The International Olympic Committee's chief medical officer has today admitted a problem of age manipulation in gymnastics, amid allegations that at least one of China's gold medallists from the team event is underage.
The Department of Justice recently announced that Barclays Bank admitted engaging in interest rate manipulation in connection with LIBOR and has agreed to pay $160 million in penalties to resolve violations.
