It seems we've only seen the tip of the iceberg with the Barclays Bank prosecution for rigging the LIBOR (London Interbank Offer Rate). It seems that they are cooperating to avoid jail time. Bob Diamond who headed the bank until recently said "he was sickened when he saw the emails."
What he means is that he was sickened that his underlings were stupid enough to leave a paper trail. His nausea will be somewhat soothed by the $3.5 million he gets as a golden parachute. This, however, is about a tenth of what he expected to get. How will he make the payments on his Rolls?
Editorial Glance
Frankly, the statement pissed me off because it sounded to me, not like a beautiful vision for the world in stark contrast to the CON vision of greed, hierarchy and intellectual incuriosity - but the death knell of a once promising movement.





























