As a quick update on my previous blog, Mr Bob Diamond CEO of Barclays appeared in front of a House of Commons Select Committee today and gave a pretty good account of himself, all things considered. Mr George Osborne then stated the Government’s position and outlined the issues with the contracts issues to RBS staff by the previous Government. Whichever way you look at it, deals are being done, there will be no transparency and whilst beer and sandwiches are off the menu, Pol Roger and Monte Cristo’s are probably back on.
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