California scheming? Barclays facing record $470m fine
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California scheming? Barclays facing record $470m fine

London : United Kingdom | Nov 01, 2012 at 4:02 PM PDT
Source: The independent
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Barclays suffered another huge blow to its reputation yesterday as America's main energy regulator said it wants to fine the bank a record $470m (£292m) for rigging the Californian electricity market, echoing the Enron debacle of 2000. This is the latest scandal to break at the bank, whose chief executive... FULL ARTICLE AT The independent
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Barclays Capital president Bob Diamond
Barclays Capital president Bob Diamond
 
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