[01 July 2012] Barclays bank fined 290mn pounds over financial scandal - The Real Deal - English

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[01 July 2012] Barclays bank fined 290mn pounds over financial scandal - English Barclays bank was hit with 290 million pounds in fines for a serious widespread role in trying to manipulate interest rates and the cost of borrowing. Barclays chairman Marcus Agius has resigned over the scandal and is scheduled to appear before lawmakers on the Treasury Committee on Thursday to answer their questions. In an interview to mark the fifth anniversary of Tony Blair's resignation as the British Prime Minister, he said that he would be willing to do it all again and that he had learned much in the last five years to make him a better premiere. However, Blair has never apologized and will never face a trial for crimes he committed in Iraq. He even claims that things in Iraq are getting better and the country's economy is growing. "Some of us will never forget the hundreds of thousands of children who died under sanctions at his [Blair] hands, and the countless more who perished thereafter, again at his hands, under shot and shell," said George Galloway.

Added by PTV on 03-07-2012
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