Thought I'd give a rundown of how the establishment are handling the banking crisis.
All these posts came from Twiter during the PM's question time and the questioning of Bob Diamond - ex-chief executive of Barclays. (Concerning the LIBOR interest rate scandal.)
Michael Dugher -- Labour MP for Barnsley East
"Cameron talking about Labour's paymasters. The Tories are in the pockets of the bankers."
The Guardian -- Top stories, special features, live blogs
"Libor scandal: David Cameron hints at flexibility over banking inquiry http://t.co/CNHFskYL."
BBC News (UK) -- BBC News (UK edition)
"PM David Cameron called Labour's Ed Miliband to discuss how to set up banking inquiry, @bbcnickrobinson reveals http://t.co/XoPChNQ4"
(@BBCNews)
Hugh Pym -- Chief Economics Correspondent for the BBC
"B of E says Tucker keen to clarify the position with regard to the events involving the Bank of England including 2008 call to Bob Diamond"
BBC Breaking News -- Breaking news alerts and updates from the BBC.
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"Baroness Vadera, UK Labour minister in 2008, tells #WATO she did not speak to BoE about fixing #Libor rates - LIVE http://t.co/JRWq0f3B"
The Independent -- News, comment and features from The Independent.
"David Cameron slams 'spivvy and probably illegal' interest rate rigging ahead of Bob Diamond evidence session http://t.co/0AVAqz23"
roland watson -- The Times political editor
"big day for MPs on TSC, who are a) grilling bob diamond and b) auditioning for seat on parly banking inquiry. not necessarily in that order"
Sky News Newsdesk --
"Barclays says it has a recording of 2008 phone call between Bob Diamond and Paul Tucker"
roland watson -- The Times political editor
"Diamond blames 'an unfortunate series of events in the last week' which saw Barclays named and shamed first over Libor"
Gaby Hinsliff -- Used to be a political editor.
"according to @andrewsparrow btw, Barclays now saying there ISN'T a recording of the disputed call between Barclays & BOE's Tucker. weird."
Political Scrapbook -- Voted UK's #2 left-wing blog
"Despite having resigned, #Diamond's testimony so far has been an unflinching defence of Barclays."
(@PSbook)
Nick Robinson -- Political Editor, BBC News
"Diamond Bob visibly uncomfortable - clearing throat, rubbing nose, pulling down jacket, now reaching for tissue to wipe face ..."
"Bob Diamond says 'Whitehall' in his memo meant government officials but Chairman cuts him off before he can expand"
Political Scrapbook -- Voted UK's #2 left-wing blog
"Diamond says that he meant 'officials' when he wrote 'Whitehall'. Does that mean ministers? Not terribly clear."
"#Diamond says that he was worried that the government might nationalise Barclays if it felt their #LIBOR rate was too high."
"#Diamond says he's 'a little old' to be a 'derivatives person'"
(@PSbook)
Helen Goodman -- Labour Member of Parliament for Bishop Auckland in County Durham since 2005 and Shadow Media Minister.
"If Diamond trying to persuade public he's reasonable, not going right way about it. Phenomenally combative and to no point!"
Nick Robinson -- Political Editor, BBC News
"Is that it? Committee moves on before proper answers on crucial call from Bank of England. If this is dry run for parliamentary enquiry ...."
Political Scrapbook -- Voted UK's #2 left-wing blog
"After all that, it doesn't look like Andrew Tyrie is going to go any deeper to discover who #Diamond's Whitehall 'officials' were."
(@PSbook)
Nicholas Watt --
"Bob Diamond relaxing as he realises this is walk in park compared with US senate hearing @bbcnickrobinson"
Fraser Nelson -- Editor of The Spectator
"It's already clear that tight-lipped Diamond is not on a mission to take others down with him. Collective sigh of relief at Threadneedle St."
roland watson -- The Times political editor
"#diamond says he did NOT believe he was being urged by Whtehall to fiddle Libor figures"
Jason Beattie -- Daily Mirror political editor
"Two Tory MPs quizzing Diamond are former employees of Barclays"
Nick Robinson -- Political Editor, BBC News
"Members of public leave Diamond hearing. Move along - nothing to see here...."
John Prescott -- Former Deputy Leader of the Labour Party
"Tory Deputy Chairman Michael Fallon's partisan questioning of #Diamond has just proved we need an independent judge-led inquiry"
Nick Robinson -- Political Editor, BBC News
"Bob D says it wasn't Alastair Darling who he feared would nationalise Barclays but hints feared someone else. Who?"
Paul Waugh -- Editor of PoliticsHome.com News
"It's taken an hour for Diamond to say 'I'm sorry'. Which PR firm is advising him?"
After reading these posts, maybe you're more informed than you were.
Wish I was!!
lol
Please leave a comment below - I'm intersted on your thoughts...
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