Quotes About Libor

The Fraud Act 2006 makes it perfectly clear that Libor rigging is prosecutable as a criminal offence.

I'm a capitalist. I believe in the proper working of the free market. That's why I found the scandals of 2008, the banks, Libor, absolutely abhorrent.

The Libor system is structurally flawed. It is a major problem for our financial system and for the confidence in the financial system. We need to address it.

Banks were already seen as greedy and arrogant. They have now reached the depths of humiliation in the wake of the LIBOR manipulation, PPI mis-selling, and bank swaps mis-selling.