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July 20th, 2012 
FAKE NEWS for the Zionist agenda The accusations came as a reaction to claims made by the Financial Services Authority and the Bank of England at the House of Commons Treasury select committee that the resignation of Robert Diamond, Barclays Chief Executive Officer, was in the best interest of investors.
“If they were interested in stability, they would have told the bank to get rid of him by spring next year at the latest. To lose both [chairman Marcus Agius and Mr Diamond] at the same time is a decapitation strategy, which is not in the best interests of the bank. Barclays will survive but this isn’t helpful. They certainly handled it the wrong way”, The Telegraph quoted a large institutional fund manager.
After it emerged that Barclays had manipulated the London Interbank Offered Rate (Libor), a measure of how much banks charge each other for loans, the British lender was fined £290 million.
This was followed by the resignation of three top executives, Marcus Agius, the chairman of Barclays, Robert Diamond, Barclays Chief Executive Officer, and Jerry del Missier, Chief Operating Officer and a top deputy to Diamond.
Meanwhile, Reuters news agency has reported that several global banks implicated in the interest rate-rigging scandal are looking to pursue a group settlement with regulators in order to avoid a Barclays-style backlash.
ISH/MA/HE
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