Right, Bob Diamond says he wants to keep his job so he can make sure it doesn't happen again.
I have to wonder, why, when the guy is clearly so rich he never has to do a days work again in his life, does he bother? Why not just go "Ahhh, fuck it, you'll never pin anything actually illegal on me, so I'm off".
(Bazongaloid, Mon 2 Jul 2012, 17:01, 4 replies, latest was 13 years ago)

It is I suppose possible if highly unlikely that a sense of professional duty might be the reason.
By which I mean EVIL FAT CAT BANKERS STEALING ALL OUR MONEY, OCCUPY LONDON NOW!!!!, obv.
( Monty Boyce, My cheese game is strong, Mon 2 Jul 2012, 17:03, Reply)

Don't justify them, they're cunts of the highest order,
If you can be arsed read the full report, and be shocked at firstly how obvious the fraud was, and secondly (in the second half) how obvious all the other LIBOR submitters were doing exactly the same thing.
www.fsa.gov.uk/static/pubs/final/barclays-jun12.pdf
(PsychoChomp, Mon 2 Jul 2012, 17:10, Reply)

Will resignations follow at the top of all the main banks now?
They were all at it, so surely if a Barclays chap has had to go, there should be more, right?
( Monty Boyce, My cheese game is strong, Mon 2 Jul 2012, 17:15, Reply)

None have been charged/fined by the FSA.
Barclays admitted it and so got a 30% reduction in their fine. I bet the rest will deny everything and maybe 1/3rd of them will be eventually fined. So some people will get away with it scott free.
The ones that that can have it pinned on them by the FSA will probably lose board members.
(PsychoChomp, Mon 2 Jul 2012, 17:17, Reply)

But that will only be a reshuffle from board a to board b.

(Bazongaloid, Mon 2 Jul 2012, 17:24, Reply)

It's not just about the money, it's about the power and the "legacy"

(PsychoChomp, Mon 2 Jul 2012, 17:03, Reply)

The kind of person that rise to those sorts of heights probably can't imaghine not working
it's in their very being.
( Naked Ape call me Caitlyn, Mon 2 Jul 2012, 17:03, Reply)

I wonder if they actually feel any sort of shame or guilt for what they do?
I reckon they don't.

I think that's perfectly good reason to stop considering them as humans and therefore eligible for being shot with rifles for sport.
(Bazongaloid, Mon 2 Jul 2012, 17:06, Reply)

I suspect you are right
manipulating some numbers on a screen leave you so far removed from the reality of waht's happening i guess. And well everybody else is doing it and will get better bonuses than you unless you do it
( Naked Ape call me Caitlyn, Mon 2 Jul 2012, 17:08, Reply)

because some people like the power
or can't handle not working.
( Citizen Cavy Admires your passion for conformity, Mon 2 Jul 2012, 17:09, Reply)