Monday 16 July 2012

Corrupt capitalism approaching endemic levels

Barclays Bank submitted false and misleading figures about the banks’s financial standing in a bid to boost profits during the peak of the recession through 2007 and 2009. This was done to disguise the financial difficulty that Barclays was going through during the economic downturn and astonishingly but perhaps unsurprisingly may have had the blessing of the Bank of England – one of the main banking industry regulators. Read more>>>

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