2012-08-07nakedcapitalism.com

Bear in mind, the facts presented are far worse than the Libor price fixing that led to the departure of Barclays' chairman, CEO, and president. Lawsky has evidence that this scheme was devised at the senior levels of the bank, while the Barclays Libor actions took place at comparatively low levels (although it is hard to believe there was not knowledge at executive levels prior to the October 2008 conversations between the Bank of England's Paul Tucker and Bob Diamond)



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