Potiphar12's Blog
An Octogenarian in the modern world

LIBOR AND BOB DIAMOND

The writers of the report on Libor obviously think that they were not told the whole truth. Diamond defends what he said. It raises the old question “Whose side are you on?” In wartime it is quite OK to deceive your enemy. When people today are “economical with the truth” who are they defending?  Why do they have to conceal the truth? Are the divisions within society so serious that truth has no value in itself?

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