I have to say all the libors are incorrect and they are too low. but on the 29th october 2008, his immediate boss, mark dearlove, reluctantly passed on an instruction from above to take part in the very fraud he d sought to expose. barclays board directors had come under pressure from the top of the financial system. the bottom line is you re going to absolutely hate this. we ve had some very serious pressure from the uk government and the bank of england about this. but it wasn t board directors who got prosecuted or central bankers. instead, the serious fraud office indicted peterjohnson for a much smaller so called interest rate manipulation that the us courts have now decided wasn t illegal and broke no rules.
2008, he told the us central bank all about it. audio: three months libors have come in at 3.53. - so it s much lower than yesterday s. but please don t believe that, its absolute rubbish. i have to say the libors are incorrect and they are too low. but on the 29th october 2008, his immediate boss, mark dearlove, reluctantly passed on an instruction from above to take part in the very fraud he d sought to expose. barclays board directors had come under pressure from the top of the financial system. but it wasn t board directors who
They call it lowballing, and banks later paid billions of dollars in fines for it. in a recorded phone call in october 2008, he told the us central bank all about it. audio: three months libors have come in at 3.53. - so it s much lower than yesterday s. but please don t believe that, it s absolute rubbish. i have to say the libors are incorrect and they are too low. but on the 29th october 2008, his immediate boss, mark dearlove, reluctantly passed on an instruction from above to take part in the very fraud he d sought to expose. barclays board directors had come under pressure from the top of the financial system.
Libor submissions. barclays declined to comment. andy verity, bbc news. teachers in england will strike again on the 5th and 7th ofjuly in their ongoing dispute over pay. it means members of the national education union will walk out this term, causing disruption to schools. they want above inflation increases plus extra money to ensure any pay rises do not come from existing budgets. the government says they have already offered teachers a pay rise part a commitment to cut workloads by five hours a week and pay an increase of 4.5% for next year. the first minister of scotland, humza yousaf, is urging the uk government to step up efforts to secure the release of a scottish blogger who s been jailed in india for six years. in a letter to rishi sunak, the first minister said jagtar sinthohal had been wrongfully imprisoned. mr sinthohal was in punjab for his wedding when he was arrested over an alleged murder conspiracy.
Bank all about it. please please don t leave bank all about it. please please don t leave it, bank all about it. please please don t leave it, it bank all about it. please please don t leave it, it is bank all about it. please please don t leave it, it is absolute - don t leave it, it is absolute rubbish, i have to say they are incorrect and they are too low. but on the 29th of october incorrect and they are too low. but on the 29th of octobe on the 29th of october 2008, his su erior on the 29th of october 2008, his sunerior past on the 29th of october 2008, his superior past on on the 29th of october 2008, his superior past on an on the 29th of october 2008, his superior past on an instruction i on the 29th of october 2008, his i superior past on an instruction from above to take part in the very fraud he had sought to expose. barclays board directors had come under pressure from the top of the financial system. pressure from the top of the financial system. you are go