Barclays CEO Bob Diamond Resigns

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MCalamari's picture

Sounds like more bad news for the banking industry…:

http://www.bloomberg.com/news/2012-07-03/barclays-ceo-diamond-quits-after-record-libor-rigging-fine-1-.html

And Marcus Agius decides to un-resign and continue as chairman to search for a new CEO; what a mess.

FrankArabia's picture

right move….get this crook outta here….sick of this nonsense…..guy getting paid multi multi millions to basically fudge up numbers…..

bpdulog's picture

Briefly read the article this morning. No surprise here, CEO is usually first to go when something like this happens. Someone has to take the heat right?

NO EXCUSES

Critique my resume: http://www.razume.com/documents/27593

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bpdulog's picture

So is this a Diamond in the rough or what?

NO EXCUSES

Critique my resume: http://www.razume.com/documents/27593

Like electronic music? Check out my latest mix: http://www.mixcloud.com/bpdulog/mix-5/

MCalamari's picture

And there goes the COO as well (Jerry Del Missier)

Hank Moody's picture

Why is it that when almost every major scandal breaks out, no CFA charterholders are named? How is that possible?

HM

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