BoE deputy 'keen to give evidence'
Filed under: Scams & Fraud
Bank of England deputy governor Paul Tucker has requested to appear before MPs "as soon as possible" to clear up his role in the rate-fixing scandal.Filed under: Scams & Fraud
Bank of England deputy governor Paul Tucker has requested to appear before MPs "as soon as possible" to clear up his role in the rate-fixing scandal.
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How long were the FSA investigating ?? Of course the "Boss" did not know that the most powerful regulatory body in financial services was investigating his firm until - "very recently" - why would he ??
We are all really happy with that are we not ????
Best to get the story right!
July 04 2012 at 12:48 PM Report abuse Permalink rate up rate down Replythe banks have nearly reached rock bottom , maybe now the ones at the top will realise that there is another world outside the one they live in, as for the mps no matter what party they come from, along with the people running the bank of England, it seems to be deny everything and say you have no recollection, and hope and pray you don't get found out, or that the committee of mps that are going to look into this fiasco decide to save everyone necks by saying as usual it was a junior mp or someone lower down the ladder at the bank of England that was at fault.
July 04 2012 at 12:08 PM Report abuse Permalink +1 rate up rate down ReplyJust watching Bob Diamond writhing and wriggling and bamboozling in front of the Commons Select Committee on the Barclays LIBOR rate fixing scandal. This all started in 2005 under Labour's watch but due to their gross economic incompetence and the flawed way they had set up 3 monitoring bodies instead of the previous single authority no action was taken and carried on until recently under the Tories noses. Until the bank employees responsible are criminally prosecuted and heavily fined these sort of things will recur.
July 04 2012 at 12:06 PM Report abuse Permalink +1 rate up rate down Reply
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