The Real Reason for the Romney London Visit: Banker Money

By: Thursday July 26, 2012 2:50 pm

Mitt Romney is apparently not having the best time in Britain thus far. But things will get significantly better when he attends a big fundraiser tonight populated by many executives from Barclays Bank, the firm at the heart of the Libor scandal. While Bob Diamond, the former CEO, has dropped out of the event, Patrick [...]

Libor Revelations Reflect Badly on Everyone Involved

By: Tuesday July 17, 2012 7:35 am

Speaking of bank fraud, the British Parliament continued their investigation into Barclays Bank and the Libor scandal this week, and it’s just getting worse and worse for everyone involved. Yesterday, Jerry del Missier, the former COO of Barclays, testified that he was instructed by CEO Bob Diamond to manipulate the Libor down in 2008, to [...]

Barclays Whistleblower: Diamond Knew About Libor Fixings

By: Sunday July 8, 2012 1:52 pm

A whistleblower from Barclays Bank makes the obvious point that former CEO Bob Diamond had to know about the various fixings of the Libor benchmark inter-bank lending rate before he claims to have found out: Speaking on condition of anonymity, the banker says that senior Barclays bosses would have been told about Libor concerns because [...]

Ex-Barclays CEO Diamond Testifies Before Parliament in Libor Scandal

By: Wednesday July 4, 2012 8:42 am

It’s not July 4 in Britain (almost caught ya!), and normal midweek business continues. That means a closely watched Parliamentary hearing with Bob Diamond, the former CEO of Barclays Bank who resigned after the scandal of bank employees rigging the benchmark Libor inter-bank lending rate. The Guardian liveblog is the best place to follow this [...]

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