Bloomberg By Kit Chellel & Howard Mustoe - Jan 24, 2013 9:03 AM MT
Among those identified in connection with the case were former Chief Executive Officers Robert Diamond, seen above, and John Varley, and Jerry Del Missier, the bank’s former chief operating officer. Photographer: Paul Thomas/Bloomberg
Barclays Plc (BARC) senior executives, dozens of traders and the bank’s chief economist were all identified by regulators in a probe into interest-rate rigging that spanned continents, according to documents released in the U.K.’s first Libor-manipulation lawsuit.
Barclays is being sued by affiliates of Guardian Care Homes Ltd. claiming an interest-rate swap should be annulled because it is linked to Libor, which Barclays tried to rig. Judge Julian Flaux in London rejected a bid by a group of employees identified in the Libor documents to prevent their names from being published ahead of a trial later this year.
“The cat is out of the bag,” Flaux said rejecting the employees’ bid for anonymity earlier this week. “It wouldn’t take a rocket scientist to work out who they are.”
To read the rest of this story visit Bloomberg
