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, 1 reply, 13 years ago)

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)