Relevant:
- British bank actions in Libor scandal called 'disgraceful'
- Barclays 'Deeply Flawed,' Bank of England's Involvement 'Difficult To Justify': Parliamentary Report
- Barclays Libor Scandal Puts Investment Bank Arm At Risk
- Barclays Criminal Probe Begins, Experts Speculate Other Banks Involved In Libor Manipulation
- Barclays may face UK SFO probe on deals: report
2012-08-20 — cnn.com
"There was something deeply wrong with the culture of Barclays. Such behavior would only be possible if the management of the bank turned a blind eye to the culture of the trading floor," the report said.
How Libor hurts you
The report regarded Barclays" "incentives and control systems" as "so defective" that they served to reward traders themselves, not matter what "the impact of shareholders and the bank's overall performance" would be.''
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