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HomeBarclays Libor Scandal: “Diamond Lied”
Posted by Larry Doyle on July 11th, 2012 7:31 AM |
I hope the crowd on Capitol Hill is tuned in very closely to ongoing developments in the Barclays Libor scandal. The lightweights who allow the likes of Jamie Dimon to come and go with nary a glove being put upon him could learn more than a few lessons from members of Parliament engaged in undressing former Barclays CEO Bob Diamond.
What did we learn yesterday?
“Diamond lied to the committee,” David Ruffley, a committee member from the U.K.’s ruling Conservative Party, said at yesterday’s hearing.
Not leaving much to interpretation there. Perhaps the designation of Lie-more scandal is truly appropriate. (more…)
