Why Barclays coughed up so much for Lie-bor
Posted on June 27, 2012 at 12:05 PM EDT
Even by Wall Street standards, the decision by Barclays to pay nearly a half billion dollars to make American and British regulators drop lawsuits was a steep one. But a reading of the evidence stacked against the firm, now cleverly dubbed “Lie-bor,” explains why.