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HomeBarclays Libor Scandal: Naming Names
Posted by Larry Doyle on July 24th, 2012 8:38 AM |
When battling wildfires, firefighters will very often scorch the earth and sacrifice acreage and property as a defensive mechanism against the wildfire taking over and destroying even more valued territory.
As I review recent developments in the scandalous Libor “wildfire,” a mental image of that defensive strategy runs through my head. Why is that?
With news of pending arrests in this case, we awake this morning to see a number of individual names released by The Wall Street Journal as seemingly ring leaders and participants in this scandal. (more…)
