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Barclays Brawl: 'Elite manipulated market, UK laws only give slap on wrist'
Published on Jul 3, 2012 by RussiaToday
The chief executive of the UK's third-largest bank - Barclays' - has resigned in a deepening financial scandal. Homeowners and businesses were overcharged for loans during the credit crunch - because the lender was fixing a system of inter-bank lending rates. The government's ordered a full parliamentary inquiry into the country's banking sector. RT talks to Chris Roebuck from the Cass Business School in London.
