Barclays to Ask Banking Criminal Bob Diamond to Only Take Part Payment of Severance

In a laughable attempt to quash the growing rage and anger over the LIBOR crime syndicate mistakenly identified as a scandal, Barclays is asking criminal Bob Diamond to only take part of his £17 million (about $26.5 million) golden parachute severance package, and wish to open negotiations about it. If this was any other industry, Bob Diamond would be negotiating what shirt he gets to keep as they repossess all his property and working out a plea bargain with the prosecutor for either 15 or 20 years in prison without parole.

In hearings last week, Diamond remarked that his severance package was up to the board, but Board members ” . . . want to ensure that Mr Diamond is treated fairly but also that the public mood on high payments to chief executives is taken into account.” In other words, they’re still trying to pull a con on the people by pretending they understand what’s going on, and moreover, they’re even trying to convey a message that they’re doing something, but in reality, it’s just another con.

However, reports are that Mr. Diamond is shocked on how he is being treated, as he thought he still had a job and apparently, the script was that he was just “in the line of fire” but not at risk of losing his preciousssssss job.

Well, this isn’t over, because people are getting educated about Libor and the scam that’s being pulled.  Moreover, there’s a chance that bankster will betray bankster as Paul Tucker, the deputy governor of the Bank of England (“BOE”) will testify before MPs:

” . . . about a crucial telephone call he made to Mr Diamond about Libor rates in the autumn of 2008. Andrew Tyrie, the chairman of the committee, will question Mr Tucker on whether he gave a “nod and a wink” to Mr Diamond to bring down the rates. Mr Diamond has already denied that Mr Tucker gave him “a direction” and Mr Tucker will confirm that he did not intend it as an instruction.”

Further, Tucker will likely be asked about bank minutes that revealed the BOE and FSA were warned during the financial crisis that Libor was compromised, and that banks were making false submissions – warnings that were as early as November 2007.

The upcoming week in the Libor crime syndicate continues, with criminal investigation announcements possibly coming this or next week. Moreover, the Libor syndicate investigation expanded into Germany and Deutsche Bank, so we’ll see where that rabbit hole may lead.

Story is HERE.

There comes a certain point where you have to look out for yourself, and this is the exact mentality that certain bankers and politicians are beginning to think as this massive criminal conspiracy unfolds. I fully expect many executives and figures in the financial industry to come out of the woodwork to protect their own asses because the fat lady is clearing her throat.

Currently, everything is set up where we’re just waiting for the building to come tumbling down, so I expect not only more leaks to emerge from all over the place, but also backstabbing among the banksters.

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