VIDEO - Paul Tucker Explains Why There Is No Note Of Bob Diamond LIBOR Conversation

Bank of England Governor Paul Tucker talks about his call with Barclays former CEO Robert Diamond.  He spoke to Parliament’s Treasury Committee in London earlier today. 

Watch his hand movement starting at the 37 second mark.  He almost covers his mouth a few seconds later.  He's lying.

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More testimony:

Paul Tucker explains why Diamond note gives 'wrong impression'...

Comments

[Cheyenne]

The LIBOR crimes, though seemingly just another episode of Bankster Nations, actually represent the start of Act II in the Bailout era. One particular defense by Barclays--the government made us do it--was the tell.

In Act II, moral hazard morphs into legal hazard, as criminal co-conspirators begin turning on each other, like a snake eating its tail.

Tucker's fantastically ludicrous account of record-keeping of phone calls by the BOE, in which notes are occasionally kept but not when the head of a Big Four bank is involved, is a signal that the banksters are scrambling.

[S. Gompers]

Wow, just wow...