Comments | ontd_political: Latest scandal: Barclays Bank and the Libor Rate

x_butterfly19_x in ontd_political

Latest scandal: Barclays Bank and the Libor Rate

Jul 04, 2012 22:37

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liberal democrats, economy, uk: conservative / tories, corruption, uk: labour party, banking

Comments 4

polietics July 4 2012, 22:33:03 UTC

This could potentially be very awkward for the current government, since a lot of their Party Donors come from the City.

And be awkward for the opposition, as the Libor rates were fixed underneath their governance and their Shadow Chancellor used to be City Minister.

Basically, Newsflash: POLITICS IS IN BED WITH PEOPLE WITH MONEY

x_butterfly19_x July 4 2012, 22:54:31 UTC

Yuss.

Awkward all round

ruby_chalice July 5 2012, 11:55:10 UTC

"The Serious Fraud Office (SFO) is now looking into whether "it is both appropriate and possible to bring criminal prosecutions"

It better be. It's fraud. Fact. End of.

(The comment has been removed)

x_butterfly19_x July 7 2012, 18:30:46 UTC

It's all a bit scary :/