The Shriti Hiti the Fan

Downing Street are drawing attention to this email in Barclay’s evidence to tomorrow’s Treasury Select Committee:

Click to Enlarge

“Mr Tucker stated the levels of calls he was receiving from Whitehall were ‘senior’ and that while he was certain we did not need advice, that it did not always need to be the case that we appeared as high as we have recently.”

As Guido said this morning, you have to distinguish between the nickle and dime LIBOR fixing scandal of traders trying to massage their end of day mark-to-market and the Treasury / FSA / Bank of England policy of fixing LIBOR. Tomorrow Bob Diamond is likely to point out that manipulation of LIBOR rates was in the national interest and sanctioned by Downing Street and the regulators.

Gordon Brown’s Downing Street economic adviser Shriti Vadera was driving the policy…



Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

Sky News ask a “Labour representative” where the local St George’s Day events are. He replies:

“You’re better off asking the UKIP candidate” 

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

What’s Claret and Blue? What’s Claret and Blue?
Media Idiocy Media Idiocy
Tom Baldwin Wrote Toxic Migrant Briefing Tom Baldwin Wrote Toxic Migrant Briefing
Ed Weaponises Dead Migrants Ed Weaponises Dead Migrants
Taking the P**s: ANDROID IN APPLE UROLAGNIA SHOCKER Taking the P**s: ANDROID IN APPLE UROLAGNIA SHOCKER
TELEGRAPH TELLING FRACKING PORKIES TELEGRAPH TELLING FRACKING PORKIES

ED MILIBAND IS READY ED MILIBAND IS READY
MILIBAND’S IDEOLOGICAL GURU IN PAY OF SAIF GADDAFI MILIBAND’S IDEOLOGICAL GURU IN PAY OF SAIF GADDAFI
PEAK #SEXYMILIBAND REACHED PEAK #SEXYMILIBAND REACHED
A Lifelong Labour Voter Speaks A Lifelong Labour Voter Speaks
NUS Conference Censor UKIP NUS Conference Censor UKIP
Plug Pulled on Labour Interview, Again! Plug Pulled on Labour Interview, Again!
Mrs Danczuk’s St Phwoarr-ge’s Day Message Mrs Danczuk’s St Phwoarr-ge’s Day Message
Lutfur Rahman Guilty of Bribery and Corruption Lutfur Rahman Guilty of Bribery and Corruption
Greens Want to “Keep Global Temperatrures Below 2 Degrees” Greens Want to “Keep Global Temperatrures Below 2 Degrees”
Newsnight Does Kim KarSturgeon Newsnight Does Kim KarSturgeon
MEET GAYZER FRACKMAN, THE ANTI-FRACKING FANBOY MEET GAYZER FRACKMAN, THE ANTI-FRACKING FANBOY
Nigel Farage v Evan Davis Nigel Farage v Evan Davis
Salmond: I’m Writing Labour’s Budget Salmond: I’m Writing Labour’s Budget