So Bob did what decent people thought he should have done, not just last week but a couple of years ago- he has resigned.
But the big question is did he resign, or did he get a gentle nudge from someone connected with the Old Lady of Threadneedle Street - the Bank of England? The fact that Barclays, along with many of the major investment banks, fiddled the LIBOR rate was bad enough for the man in the street to hear about it (even if they still don't understand the significance). But it got a whole lot worse over the weekend, when it was claimed Barclays' traders had had a discrete nudge and wink from someone at the Bank of England that it would be OK to do so. We haven't heard whether this is true or...
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