Banker implicated in one of history’s biggest frauds says boss beat him with a tiny baseball bat

Mathew said Johnson also had a 12-inch baseball bat on his desk, which he sometimes used to hit him on the back of the head or knuckles. “It wasn’t particularly hard, it was more designed to humiliate me,” said Mathew in court. His boss also called him a ‘deaf git’ and in emails referred to him as “bick drain”, a spoonerism that wouldn’t get flagged up by email filters.

Despite his ordeal, Mathew said he had learned a great deal from Johnson who, in October 2014, admitted fixing Libor rates. “He was old school, a hard taskmaster and in the same respect he was a good teacher as well,” said Mathew, who is accused by the Serious Fraud Office of modifying Libor rates at the request of traders. Mathew no longer works for the bank.

Source Article from http://feedproxy.google.com/~r/blacklistednews/hKxa/~3/55D8N8rUX14/M.html

You can leave a response, or trackback from your own site.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes