Gretchen Morgenson, the New York Timesbusiness reporter, yesterday wrote aboutaggressive action taken by British financial authorities against top Barclays executives in connection with illegal manipulation of LIBOR interest rates, including the bank's Chairman, Marcus Agius, and its CEO,Robert E. Diamond Jr., both of whom were forced out of their jobs. In doing so, Morgenson bluntly summarizes the general, governing rules of American justice for financial elites:
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Published on July 09, 2012 04:51