Barclays Brawl: 'Elite manipulated market, UK laws only give slap on wrist'

The chief executive of the UK's third-largest bank - Barclays' - has resigned in a deepening financial scandal. Homeowners and businesses were overcharged for loans during the credit crunch - because the lender was fixing a system of inter-bank lending rates. The government's ordered a full parliamentary inquiry into the country's banking sector. RT talks to Chris Roebuck from the Cass Business School in London.

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• Category

  News & Politics

[mphello]

Totally off-topic comment here, but, ironically - this year - 2012 - marks the bicentennial of the last war - the War of 1812 - between the USA and England. 200 years of "peace" (i.e. mutual fraud and corruption) between these two nations.

[nibbler032]

so riots this year are looking promising

[thegoodlifeonlybettr]

i can't tell if the reporting at RussiaToday is being deceptively clever or brutally honest sometimes.

[Cinzia109]

Ohhhh finally waking up !

Wakey wakey you drips !!!

Bloody Crooks they are, just lock 'em up.

[yogipreneurable]

thank you RT ... BBC, Bloomberg, and other fucking mainstream will not telling this

[CPS123456]

for the best fixed rates choose Barclay

[CPS123456]

For the best fixed rates choose Barclay

[jayblackvancouver]

I'm finally starting to appreciate Jean-Paul Sartre's conception of Nausea.

[Raiken Xion]

cus they all believe in that stupid fucking American Dream, and that died the day thier Government murdered thier own President.

[BeautyHealthZoneBlog]

Well, elite have done a pretty bad job so far. Sorry to say it like it is.

When you do a good job most people should be happy. So, why is everyone pissed off a lot of the time?

Not doing a good job, sorry.

[BeautyHealthZoneBlog]

The lessons aren't learned because they allow criminals to get away with fraud and then just destroy the evidence and kill the witnesses.