Compliance

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Greg MacSweeney
Greg MacSweeney
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LIBOR Lowlights, RIM's Downfall, Where's Jon Corzine and more

The LIBOR scandal and the fall of Barclays' CEO Bob Diamond dominated financial services coverage this week, while others chatter about disgraced MF Global CEO Jon Corzine, RIM's continued downward spiral and Goldman Sachs new universe.
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6. Alternate Reality

Do you live in a parallel universe to the rest of the U.K.? You say it's the culture that saved Barclays, but it's the culture that's the problem.

— Andrea Leadsom, a Conservative member of the UK House of Commons Treasury Committee, grilling Barclays former CEO Bob Diamond at a hearing in London following his resignation.

Source: Bloomberg

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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