Tom Keatinge responds to the convictions of those city traders over the LIBOR scandal being overturned

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LIBOR

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...It has always felt that some very small fish had been thrown on the barbecue when, if there were questions to answer, those questions were to be answered from much higher up the chain. ...There was much more to this story than simply some rogue traders making money for their bank. I never really believed that. As someone who sat in that market for a long time, making money that way - it's not an obvious way to make money. ...It always felt that there was much more to it than those individuals and the fact that they've had their convictions quashed to me underlines that.