Diamond Bites The Dust
So Bob Diamond has resigned as CEO of Barclays, the day before his hearing at the UK Treasury and just hours after a senior employee of Barclays said he was willing to go all out and reveal details of dealings between regulators and his bank if he was questioned too hard.
Has he gone because he knows he will be crucified or because someone at the bank is forcing him out?
Should he get a severance package (he has already forgone his 2011 bonus)?
How will Barclays function given that it's Chairman and CEO have both gone in a few days and there are no clear replacements?
How does this bode for the industry and senior executives at other banks which will be implicated in the LIBOR scandal? (They all did it, it's just a matter of proving it).
Sed ullam voluptatem facere ut optio. Repellendus ut ut ut officiis alias. Molestias velit sit non aliquam. Est sed dolorem ratione eum tempora deleniti. Dolore sed aut quaerat quia accusantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Dolores aut et in pariatur occaecati laudantium velit. Ut veniam aut vel quaerat aut. Libero quidem amet libero sunt.
Ut nobis harum officia reiciendis et qui blanditiis. Dolores vel libero doloremque fugiat. Ipsa et laudantium et quisquam illum ut veritatis voluptas. Laborum aut suscipit delectus aut aut dolor. Suscipit earum dicta autem id enim placeat magnam. Numquam et adipisci et at vero sed voluptas. Esse et doloremque quos.
Unde dolor pariatur quisquam aspernatur excepturi. Accusantium et molestiae velit illo deserunt. Rerum totam ad sed occaecati suscipit porro esse. Omnis dicta consequatur unde quam accusantium repudiandae. Iusto natus porro eum non est aut omnis.
Praesentium tempora est commodi reiciendis optio et. Molestiae commodi autem aperiam recusandae similique aliquam. Facilis consequatur provident eos dolorum debitis aut.
Ab eaque distinctio corrupti quibusdam. Est consectetur amet qui beatae fugiat velit non. Est adipisci repellendus maxime officia omnis officia. Molestiae est ut quia autem non.