Alex Belardinelli, the marauding SpAd for Ed Balls, is up early this morning tweeting about the Forex Fixing scandal;
We called for regulation of financial benchmarks like forex but Ministers dismissed it out of hand – @ChrisLeslieMP: http://t.co/SOPQI8lOEY
— Alex Belardinelli (@abelardinelli) November 12, 2014
According to the Bank of England the scandal dates back to 2006, the LIBOR scandal dates back to 2005, when Belardinelli’s master Ed Balls was Economic Secretary to the Treasury. In other words it happened under Labour’s watch – specifically under Brown and Balls – and was only uncovered under Osborne’s watch. You have got to admire Belardinelli’s chutzpah..
UPDATE: Neglected to record that the Parliamentary Adviser to the Economic Secretary to the Treasury at the time of the market rigging was… Alex Belardinelli.