When Bob Diamond appeared in Parliament on Thursady to explain how Barclays had managed to manipulate LIBOR rates for fice or so years without the person in charge of the part of the bank that was doing the manipulation (Mr Diamond himself) or subsequently the chap in charge of the bank (also one R Diamond) noticing he stonewalled in a style worthy of General Jackson at the first battle of Bull Run. He stood his ground without conceding an inch and without explaining a jot or tittle or iota. Presumably his arrogance is such that he felt that Parliament (elected by the people) is not worthy of an explanation. (more…)
Filed under: climate change | Tagged: Barclays, Bob Diamond, getting witnesses to answer the questions, parliament, select committee | Leave a Comment »
