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Jumped or pushed? The case of the disappearing Diamond

Tuesday, July 03, 2012 - 02:39

July 3 - Did he jump or was he pushed? The sudden resignation of Barclays CEO Bob Diamond has analysts asking what prompted the about-turn, and what it means for his testimony to parliament on Wednesday.

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Did he jump or was he pushed. The resignation of -- police chief six to ball diamond certainly seems out of character from man not known for acts of contrition. There was a period of remorse and apologies for banks. I think that period needs to be over. The external pressure placed -- Damaging the franchise. Close range. Politicians seem to be seen as tough on banks and shareholders nervous about what crisis meant -- -- stock price the libel Scoble also wasn't his first conviction in the court of public opinion. There's been dissatisfaction swirling around Bob Diamond for sometime I mean we've just come through the shareholders frame there were issues -- generation are on the performance of the bank. This is not. The the big thing that is actually making -- it's part of a larger picture and therefore this is just the tipping point. Even then it's hope to see the pugnacious alignment filing to the pressure. Whether other factors. Did he perhaps fear that he was morphing into the next Fred Goodwin. The form -- sports now vilify it for overseeing the banks in the collapse. Not likely says bank analyst Ralph Silva. I don't think anyone's going to look at him as that the next Fred as adware and simply enter a very simple reason that that there's nobody in the street there's nobody in politics that believes. But diamond would have allowed this happened had he known it happened. It's not I am at bottom a crime. Of of -- limited the crime of not knowing he was happening. The consent to regulate this is on the government stepping down. At him by his -- and so but -- thing. Does have a smoking gun crews have been some new apple manipulation. Alone. Me -- reports suggest the week on the thinking and told him. It's slowed to Allen's appearance of the treasury said it now -- potentially explosive. There's a suspicion that the news to that position resignation might change the tenor at least. Of that kind of evidence. Perhaps he may say something about the role of the Bank of England while it's very unlikely. That any evidence will come out that the bank to -- thing to sanction and the fixing of the libel writes there is quite strong suspicion. That the bank at least turned a blind Dalai. In his with -- he has an ace up its leave. -- tomorrow's testimony promises to be essential viewing for all and so. Cute and sent to wait -- it is.

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Jumped or pushed? The case of the disappearing Diamond

Tuesday, July 03, 2012 - 02:39