Wednesday, 4 July 2012

Breaking News : Diamond lets loose over Libor

FT.com

"Bob Diamond lobbed a political grenade at the leading candidate to run the Bank of England as well as the previous Labour government just hours after his forced departure as Barclays’ chief executive on Tuesday over the Libor-rigging scandal.
The resignation of the swashbuckling US investment banker, who faces a grilling by a parliamentary committee on Wednesday, left a gaping hole in the leadership of one of Britain’s biggest global banks"

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