George Osborne - My Fake Diary
Friday, 29 June 2012
I spoke in the House yesterday about the Banking failures.
I said Libor and Euribor affect the interest rates paid by millions of people. Told then that the Financial Services Authority has concluded that Barclays did not conduct its affairs properly. As a result of what it was doing, confidence in the UK's banking sector was threatened. The FSA investigation is still going on. A number of institutions are involved.
I saw no point in naming names of those to blame.
With Willie Hague's wife Ffion being a paid Barclays bank advisor, as well as my wife, cousin, 3 nephews, an Uncle or two, and my neighbours being on the board.
A wise move I thought!
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