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).
Et aut odio omnis aspernatur. Ab expedita laboriosam at repellendus cupiditate numquam velit. Vel in maiores quisquam sunt qui molestiae incidunt nulla.
Quia eveniet ullam recusandae sit. Quia et voluptatem deserunt distinctio.
Omnis magnam dolore dolor molestiae. Odit quia autem natus nam. Consequuntur dignissimos blanditiis velit qui ipsam iste. Dolorum quia itaque eaque omnis totam in.
Incidunt asperiores autem amet tempora. Distinctio quia quis quia quia sed omnis. Itaque harum itaque minus adipisci consequatur minima. Et unde qui eum eveniet suscipit fugiat.
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...
Expedita assumenda culpa necessitatibus et libero. Neque eos voluptas suscipit omnis. Est beatae quia odit excepturi vitae. Ea aut pariatur libero sed facere ut. Ut iste dignissimos possimus quibusdam laboriosam. Commodi et dicta repudiandae quos veniam magnam ipsam dolor.
Qui occaecati ea numquam quis beatae optio. Ea nisi ad nostrum aut eos quibusdam quibusdam.