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John Lothian Newsletter: Investigators probe $500tn interest rate swaps market; As LME looks east, CME throws down challenge in west; NYSE liquidity drive pushes midday auction John Lothian Newsletter,Newsletter

First Read Have a nice extended weekend everyone. For those in Chicago, you can ride your bike on Lake Shore Drive on Sunday morning. On Monday, a tip of the cap to those who put their lives on the line and made the ultimate sacrifice for our country. We’ll be back on Tuesday. ++++ Winston & Strawn sued in $100 million malpractice lawsuit Claire Bushey, Crain’s Chicago Business A more than $100 million malpractice lawsuit filed in federal court against Winston & Strawn says the firm failed a client by not advising the business to stop breaking the law. A…