Four RBS traders sacked for fixing bank rate
AFP
7/1/2012
Four traders from the Royal Bank of Scotland were sacked at the end of 2011 for their alleged role in fixing inter-bank interest rates, banking industry sources said on Sunday.
The revelation comes after the state-rescued RBS confirmed it was being investigated for manipulating the rates at which banks lend to each other.
"Four traders were sacked for this," a source said. "It was at the end of last year."
RBS, which is 82-percent owned by the government, declined to comment when contacted by AFP.
Sunday, July 01, 2012
4 INSTEAD OF 40,000
The entire world's bankster cabal needs serious pruning, so just 4 at one bank isn't anywhere near enough.
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