As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.

Depending on who you talk to, this damage might be measured in the billions of dollars-ranging from at least $35 billion to $349 billion, according to one team of analysts. Or, according to others, it may be impossible to find any impact.

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