-
'I totally f***** with the Palo market today': Damning emails of Barclays traders
Emails and phone messages between foul-mouthed Barclays traders in New York reveal how they bragged about rigging energy prices in America to make huge profits. Critics yesterday said the expletive-ridden correspondence provides further evidence of the ‘rotten culture of casino banking’ that built up under disgraced former boss Bob Diamond. The bank faces a £270million fine by the US Federal Energy Regulatory Commission for allegedly manipulating the energy market across Western America between November 2006 and 2008. Four traders are accused of conspiring to sell electricity at a loss to drive prices down. This ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Nov 2, 2012 7:37am Nov 2, 2012 7:37am
- Mingary
- Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
- Comment #2
- Quote
- Nov 2, 2012 8:24am Nov 2, 2012 8:24am
- Argent
- | Joined May 2012 | Status: Member | 23 Comments
- Comment #3
- Quote
- Nov 2, 2012 9:01am Nov 2, 2012 9:01am
- gat
- | Joined Dec 2009 | Status: Member | 1040 Comments
- Comment #4
- Quote
- Nov 2, 2012 9:55am Nov 2, 2012 9:55am
- Villageidiot
- | Joined Oct 2012 | Status: Member | 125 Comments
- Comment #5
- Quote
- Nov 2, 2012 2:38pm Nov 2, 2012 2:38pm
- sidhujag
- Joined Apr 2009 | Status: Non-Member | 930 Comments
- Comment #6
- Quote
- Nov 2, 2012 4:30pm Nov 2, 2012 4:30pm
- deanbo
- | Joined Aug 2009 | Status: Member | 116 Comments
Pity the fool who thinks they'll make it overnight...
- Comment #7
- Quote
- Nov 2, 2012 6:09pm Nov 2, 2012 6:09pm
- Trout
- | Commercial Member | Joined Oct 2007 | 688 Comments