Thursday, September 26, 2013

Tory donor’s firm in alleged LIBOR kickback shocker

'Let's discuss kickbacks over lunch': Tory donor's firm fined £55m over Libor fixing

"Traders' emails reveal shocking conspiracy at Icap, the financial company owned by former Conservative treasurer and prominent party donor Michael Spencer - now bankers face 30 years in jail"

Posted by doomwatch @ 09:20 AM (1515 views)
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2 thoughts on “Tory donor’s firm in alleged LIBOR kickback shocker

  • These people couldn’t care less about rules and regulators. None of them have ever gone to jail. £26bn leeched off housing benefits to pay for Osborne’s “Help to Buy”.

    In the US, JP Morgan (where Bliar is a director and financial advisor to Mongolia) is in court again – another scam. Any day with a “Y” in it is a day for going before a court in JPM’s case. Nobody goes to jail.

    Meanwhile in Sunny Greece, the deputy PM says “Greece does not need third bailout, it seeks debt ‘reprofiling’ ” I have news for this scammer, it will probably need a 4th while Evangelos Venizelos has his sticky fingers in the till!

    I’m just wondering which country will wake up and smell the coffee first – and revolt. My money is on Greece, they invented democracy in the first place. An army take-over…why not?

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  • @ 1 alan; they certainly have form. Junta were in power from 67-74 following the coup. I remember going to Athens as a kid on holiday in the early 70s & seeing all the burned out military aircraft still on the side of the runway !

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