Quite right. I was at the bank at the time, and couldn't quite believe what my colleagues had done. It was most disappointing and inexcusable. These guys should

Quite right. I was at the bank at the time, and couldn't quite believe what my colleagues had done. It was most disappointing and inexcusable. These guys should certainly be punished even more heavily, but in reality, the antiquated system that defines LIBOR must also change as it is wide open to manipulation.