Thread: Banking Scandal
View Single Post
Old 01-07-2012, 19:44   #10
Margaret Pilkington
Beacon of light

 
Margaret Pilkington's Avatar
Re: Banking Scandal

No Accyman - they were fined £290 million(they didn't lose it) for rigging interest rates.
Barclays shares dive as boss Bob Diamond faces calls to quit over rate-fix - UK - News - Evening Standard(it is quoted in this article)
But what I want to know is, who gets the money from the fine...and where did this money come from...did it come from trade..or out of profits...or are those who normally gett millions in bonus payments going to fund this fine?
__________________
The world will not be destroyed by evil people...
It will be destroyed by those who stand by and do Nothing.
(a paraphrase on a quote by Albert Einstein)
Margaret Pilkington is offline   Reply With Quote