Monday, July 2, 2012

Marcus Agius Resigns From BBA

Marcus Agius having resigned from the role of Chairman of Barclays earlier today has also now quit the chairmanship of the British Bankers' Association (BBA).

This being the same BBA that expressed "shock" last week at the fact the LIBOR was rigged.

One wonders how it is, with Agius at the helm, that the BBA managed to remain so "blissfully ignorant" of the wholesale fraud going on around them!