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Monday, July 16, 2012

Barclays former exec testifies on market fixing | oregonlive.com

Barclays former exec testifies on market fixing | oregonlive.com

"A former executive of Barclays who has been blamed for ordering subordinates to submit false interest rates in 2008 says he believed his action had been sanctioned by the Bank of England.
Jerry del Missier told a Parliamentary committee on Monday that he drew that conclusion from a conversation with the bank's chief executive, Bob Diamond. He insisted that he believed he had done nothing wrong."

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