----- Forwarded Message -----
From: Hugh Whinfrey <market@svarsmaal.dk>
To: gang8@yahoogroups.com
Sent: Friday, 13 July 2012, 23:14
Subject: Re: [gang8] Report on Select Committee proceedings
From: Hugh Whinfrey <market@svarsmaal.dk>
To: gang8@yahoogroups.com
Sent: Friday, 13 July 2012, 23:14
Subject: Re: [gang8] Report on Select Committee proceedings
For what it's worth there is an interesting analysis of Barclay's actions and the
LIBOR scandal that is getting a lot of circulation around the Internet.
It concludes, at least to my surprise in that I would have expected the article to
be busy demonising all banks everywhere, with "Barclays clearly knew how bad the
whole situation was – being the last ones to see the horror that was Lehman’s
books - and were likely the only counterparty in the proceedings who acted in an
informed, financially responsible manner."
Among other places, you can find it here:
Hugh
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