Barclays Do Keep Promises
Time for a funny at a bankers expense, has this been done before hmmm?
Barclays Bank was fined $450m for fixing libor rates, but golly folks, isn't that what the advertising said. If you trust the adverts, who can you trust. The CEO Bob Diamond was fired with only a $9m hand shake. The Market General Manager of Barclays who actually knows nothing about banking still can see what all the fuss is about (joking). We offered fixed rates, so we gave them fixed rates!