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Description: Robert Diamond’s resignation, effective immediately, as chief executive officer of Barclays PLC UK:BARC -2.05%  BCS -1.72%  Tuesday morning in the wake of the Libor-manipulation scandal comes a day after he reportedly sent a letter to employees saying he was “sorry” and pledged to impose tougher internal controls. Full story: Bob Diamond resigns as Barclays CEO.


Date: July 03, 2012


Questions for Discussions:

  • Do you believe there is an internal control problem?
  • Is the culture within these institutions the problem?
  • Is this resignation going to make any difference to future management operations, in your opinion?

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