Tucker has fallen back on the "no recollection" defence, which is only one step ... | Hacker News

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gaius on July 10, 2012 | parent | context | favorite | on: Lies, Damn Lies and LIBOR

Tucker has fallen back on the "no recollection" defence, which is only one step up from "only following orders". Looks like him and Diamond are sacrificing themselves to protect the real power brokers.

intended on July 10, 2012 [–]

The emails are available though, so recollection or not it's clear no pressure is being applied.

At the same time it's clear that the traders were pushing for rates to be fixed, which is why they got fined.

gaius on July 10, 2012 | [–]

The story of Thomas Becket is relevant here http://www.bbc.co.uk/history/british/middle_ages/becket_01.s...

"Who will rid me of this turbulent rate?"

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