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The Barclays LIBOR scandal – the world seems to have shifted towards my last bill: those at the top must be held responsible.

The Prime Minister has said he wants responsibility in banking, right to the top. The National Association of Pension Funds wants bonus clawbacks from the people who made the related trades.  There’s endless talk of the irresponsible culture in banking. All that is addressed by my last bill. Nick Robinson just mentioned politicians trying to catch up with people’s anger. I guess he has not spotted my proposed measures to make directors and staff of financial institutions liable for the consequences […]

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