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Emails show Tucker in multiple contact with Barclays
Jul 9th, 2012
LONDON (Reuters) - Bank of England deputy governor Paul Tucker contacted Barclays ex-Chief Executive Bob Diamond several times in October 2008, newly released emails show, and on one occasion directly remarked on the high level of the price of a bond. "Struck that your govt gnteed bond was issued at around 140 over gilts," the subject line of an email sent by Tucker to Diamond on October 26, 2008 said. "That's a lot," the body of the text said. Tucker is due to face a grilling by UK MPs later on Monday, in a probe in a rate-rigging scandal that has already cost Diamond his job at the bank. ... (Source: Reuters) -
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