Log in

View Full Version : Barclays boss Bob Diamond resigns



Dennis the 'Bloody Peasant'
3rd July 2012, 08:31
..I don't quite understand Bobby's statement..he's upset that the impression given about the fraud that was proven to have been committed on his watch is the wrong impression?
ifwhitemenwhorippedusofftoldthetruthforonedaytheir smugfaceswouldimplode.

Barclays chief executive Bob Diamond has resigned with immediate effect.
The move comes less than a week after the bank was fined a record amount for trying to manipulate inter-bank lending rates.
Mr Diamond said he was stepping down because the external pressure on the bank risked "damaging the franchise".
Chancellor George Osborne welcomed the decision and hoped it was the "first step towards a new culture of responsibility in British banking".
Chairman Marcus Agius, who had announced his own resignation on Monday, will now take over the running of Barclays until a replacement is found.
"I am deeply disappointed that the impression created by the events announced last week about what Barclays and its people stand for could not be further from the truth," Mr Diamond said in a statement.

(more at http://www.bbc.co.uk/news/business-18685040)

Vladimir Innit Lenin
3rd July 2012, 20:31
Why does it matter that he's white? What's that got to do with anything?

I think he's angry because he sees Barclays as his project that he's invested a lot in. Poor little rich man. He's a first-class arsehole, that bloke.