2012-07-28 — huffingtonpost.com
Some employees aren't convinced the intentions are pure. “This is just to provide cover so that Ricci can tell the FSA that he made us all watch this film,” one Barclays staffer told CNBC.
Barclays isn’t the only one doing damage control in the wake of a scandal that’s cast widespread doubt on the credibility of more than a dozen banks. Deutsche Bank is all about saving its Libor-loving assets too, so to speak. The bank recently launched an internal investigation on the extent of Libor manipulation within its ranks and and pretty much cleared itself of any wrongdoing if you ask it, The Huffington Post’s Mark Gongloff wrote this week.
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