The losers of the Libor scandal
From our UK edition
The Treasury Select Committee published its stinging report into Libor today, and it makes uncomfortable reading for all involved. 'That doesn't look good,' committee chair Andrew Tyrie said when describing the failure of both the FSA and the Bank of England to spot the manipulation at the time. His committee's report also pointed out that things did not look good for Bob Diamond's 'highly selective' evidence, either, saying: 'The committee found Mr Diamond's attempt to subdivide the later period of wrongdoing [following his telephone conversation with Paul Tucker] neither relevant nor convincing.