Watch Paul Tucker of the BoE try and define ‘instruct’ to the Treasury Select Committee here
At 16:30 this afternoon Paul Tucker from the Bank of England will try and explain that he in no way ‘instructed’ or even gave the Barclay’s head Bob Diamond a ‘nod and a wink’ to manipulate their LIBOR submissions… honest guv.
The quickest way to clear all this up would be simply to play the tape conversation. A tape which by the way Barclays said they had a copy of last wednesday – that now seems to be conveniently forgotten and now seems very unlikely that it will ever see the light of day.
You can watch the entire Tucker testimony here.
Related posts:
- Watch congressional hearing by Ron Paul on a return to the gold standard
- Ron Paul to call the Fed to testify at his next committee hearing
- Cobden Centre’s Toby Baxendale talks UK monetary reform with Jeff Tucker of the Mises Institute
- Jeff Tucker of the Mises Institute covering all things macro
- (Ron) Paul V Paul (Krugman) – Austrian V Keynesian
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