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Several U.K. politicians call for Barclays' (BCS) Bob Diamond to resign following the bank's...

Several U.K. politicians call for Barclays' (BCS) Bob Diamond to resign following the bank's attempted Libor manipulation. "This is the most corrosive failure of moral behaviour I have seen in a major U.K. financial institution in my career," says one politico. Says another: "If Barclays' board had an inch of backbone between them they would sack him."
Comments (3)
  • Pinocchio1
    , contributor
    Comments (206) | Send Message
     
    Resign?
    This is criminal !!! price fixing, running interest rates, most likely hedging on them on the way.
    The guy should be in jail !!! together with all his co-conspirators.
    This is organized crime. This is mafia. They should never see day light.
    The financial sector is SICK, CORRUPTED TO THE BONES !!!

     

    "RESIGN" say the politicians, trying to dismantle the bomb for their friends...
    28 Jun 2012, 05:04 AM Reply Like
  • User 353732
    , contributor
    Comments (4966) | Send Message
     
    Corrosive moral failures are the norm not the aberration in the Triune Regime of Big Govt, Big Money and Big Media that now rules almost everywhere in the West, not just the UK or the US.
    They are the inevitable consequence of kleptocracy, elitism and insatiable lusts for power and money.
    28 Jun 2012, 05:35 AM Reply Like
  • No. 1 Trader
    , contributor
    Comments (47) | Send Message
     
    Eventually the people will get sick and tired of working their butts off to make ends meet while these guys get perks, golden parachute, stock options and multimillion dollar salaries for doing illegal and risky business with other peoples money. What will the people do? Revolt and string'em up as they have always done in the past!
    28 Jun 2012, 09:38 PM Reply Like
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