BY SARA SCHAEFER MUÑOZ
The unfolding rate-fixing scandal at Barclays PLC took an unexpected turn on Tuesday when the British bank made public 2008 notes by now-resigned Chief Executive Robert Diamond suggesting that an official from the Bank of England, under pressure from the U.K. government, may have set off the chain of events that led the bank to lower its submission for calculating an important benchmark lending rate.
Barclays published a raft of documents on its web site in advance of a Parliamentary hearing scheduled for Wednesday on the rate-manipulation scandal. One of the documents is Mr. Diamond’s Oct. 29, 2008 notes of …
Article source: http://online.wsj.com/article/SB10001424052702304299704577504671872009292.html?mod=rss_economy
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