In her memo to her own staff over the hacking scandal Rebekah Brooks wrote “We were all appalled and shocked when we heard about these allegations yesterday………I have to tell you that I am sickened that these events are alleged to have happened…………..Not just because I was editor of the News of the World at […]
Posts Tagged ‘Bob Diamond’
To catch people like Rebekah Brooks & Bob Diamond we need strict liability
Aug 18th, 2014 by Michael Meacher.This latest bank crisis leaves several vital questions unanswered
Jul 3rd, 2012 by Michael Meacher.Since the rigging of the key inter-bank lending rate (LIBOR) has been going on since 2005, why did it require the US Department of Justice to bring this enormous scam to light and why were the British authorities (FSA, Bank of England and Treasury) asleep at the wheel? Why were the top management of the banks so monumentally incompetent, or so wilfully blind, as not even to notice a clue in 7 years?