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Anorak | Bob Diamond strikes to the heart of The Establishment

Bob Diamond strikes to the heart of The Establishment

by | 4th, July 2012

WITH the style and grace of a petulant Italian footballer, the quitting Chief Executive of Barclays Bank, Bob Diamond is going all out to bang it into the back of the Bank of England’s net today, according to the  Guardian .

There are many other targets in Diamonds sights.

The Guardian says Diamond, who yesterday resigned from Barclays one time sponsors of the UK soccer Premier League, was expected to fight tooth and nail for his reputation when he today appears before a powerful committee of MPs.

According to the Guardian he is to: “…unleash a wave of explosive revelations about the role of City watchdogs and senior Whitehall figures in the manipulation of crucial interest rates that landed the bank with a record £290m fine last week.

 

Necks will be hot under the collars of Whitehall mandarins, ex and present Premiers and Chancellors.

Diamond has much muck he can spread.

What will worry the UK Establishment down to their polished shoes, and always jet black socks, is Bob Diamond is not one of them. US born and raised citizen, he has no Old School Tie to protect and with the wolves snarling and circling to hit at his (contracted and probably safe) resignation mega Crock of Gold he could very well attempt to bring

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Posted: 4th, July 2012 | In: Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink