A chap I went to school with Marcus Agius, has resigned as Chairman of Barclays Bank after they were found guilty and fined £290 billion in a banking interest scam. Forty other banks are under investigation including RBS, who closed for four days last week on the guise of a computer glitch, the Royal Bank of Canada and HSBC are in the frame on the bank scam.
Here’s the story on the Barclays Bank fraud:
And GlaxoSmithKlein have just paid $3 billion in fines for healthcare fraud in the US:
Gangsters, lots of gangsters. Stuart Wilde
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