Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

MindMover

(5,016 posts)
Fri Jul 27, 2012, 02:37 AM Jul 2012

Banksters apologize, all is well in the world ...

Last edited Fri Jul 27, 2012, 01:35 PM - Edit history (1)

Barclays apologises for scandal

Barclays has said it is "sorry for the issues that have emerged over recent weeks", when the bank has been caught up in a rate-fixing scandal.

Barclays was fined a record £290m by UK and US regulators for attempting to rig the Libor inter-bank lending rate.

The apology came as the bank's pre-tax profit for the first six months of 2012 fell 71% to £759m after taking a large own credit charge.

But on an adjusted basis, profits were up 13% to £4.2bn.

http://www.bbc.co.uk/news/business-19009169


4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Banksters apologize, all is well in the world ... (Original Post) MindMover Jul 2012 OP
Ugh. 290m pounds is lunch money to these guys. And no one will go to jail. Squinch Jul 2012 #1
Yes, yes we are sorry...so very sorry...so very, very sorry... Adsos Letter Jul 2012 #2
Life is like a box of chocolates....... MindMover Jul 2012 #3
LOL! Adsos Letter Jul 2012 #4

Squinch

(50,941 posts)
1. Ugh. 290m pounds is lunch money to these guys. And no one will go to jail.
Fri Jul 27, 2012, 10:44 AM
Jul 2012

But I'll bet you 290m pounds that, somewhere in the world, some guy who stuck up a convenience store and got 50 pounds is going off to start a jail sentence today.

Adsos Letter

(19,459 posts)
2. Yes, yes we are sorry...so very sorry...so very, very sorry...
Fri Jul 27, 2012, 01:09 PM
Jul 2012

..so terribly, passionately, unimaginably sorry...our sorrow fills our universe with indescribable pangs of self-mortification...yes, we are so, so, so sorry...

Now...where were we?

Latest Discussions»Issue Forums»Editorials & Other Articles»Banksters apologize, all ...