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Questions for UK Authorities over LIBOR Scandal Won't Go Away

Wednesday, 4 Jul 2012 | 6:00 AM ET

"What's clear in the documents that Barclays produced yesterday is that they have raised very serious questions about the complicity and collusion among the UK establishment in trying to lower LIBOR during the financial crisis period." Simon Nixon, European Editor of Heard on the Street at The Wall Street Journal told CNBC. "I've no idea whether Bob [Diamond] will try and throw a nuclear bomb under London today or not but what's clear is those documents raise very serious questions," he added.