If you cost your company $450 million....

[jake-the-peg]

...and were found to be in charge of "serious and widespread misconduct" in trying to rig financial markets.

Would you expect to lose your bonus or you job?

Is Bob Diamond a fit and proper person to be in charge of a major bank?

http://www.telegraph....or-manipulation.html#

[Old_Geezer]

Down $450 today, maybe up $1000M tomorrow. It's a risk they take ;-) just so long as it isn't with my money.

[Old_Geezer]

<Sigh>
"Down $450M" obviously >:-(

[emmie]

no, but would they get someone else in who could be as bad, or worse. As long as they don't expect their customers to fall on their swords.

[Duncer]

I think I would have an awful lot more free time to spend on here if I cocked up like that.

In fact colleagues have been coded for exceptionally minor offences, so this defies logic/reason/any natural justie.

[pdq1]

Barclays are just the tip of the iceberg. They expect many other banks also to be involved in the scam. It should be a criminal offence as so much money is involved. £300m must be small fry to Barclays as they make profits of up to £10bn each year.

Interestingly it is a criminal offence to fiddle with share prices but not to fiddle the Libor rate.

[kinell]

This lot cost investors $450M but was only a recent civil case

http://www.telegraph....-committed-fraud.html