BoE Tucker denies making any suggestions to Barclays on the Libor (in 2008)

Monday, July 9th 2012 - 18:04 UTC

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The deputy governor of the Bank of England (BoE) has said he did not give Barclays instructions to lower its Libor submissions in 2008. Paul Tucker said no government minister had asked him to “lean on” Barclays over its inter-bank lending rates. But he also told MPs that the BoE and the government feared that Barclays may need a bailout. Read full article

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Truth_Telling_Troll
So much for central bank independence in the UK...

Wah wah waah.
Jul 10th, 2012 - 02:31 am - Link - Report abuse 0
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Marcos Alejandro
Bankers are getting richer while everyone else is getting poorer.
Many riots to come in London soon.
Jul 10th, 2012 - 04:21 am - Link - Report abuse 0
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