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He was jailed for four years in 2019 and seems to have spent two years in Wandsworth Prison, which is a category B prison. Since it'd be shocking if he didn't
by exasperaited 1y ago
He was jailed for four years in 2019 and seems to have spent two years in Wandsworth Prison, which is a category B prison.
Since it'd be shocking if he didn't get out as early as sentencing allowed (which is two years and a bit basically) I guess he will perhaps have served some time in an open prison and then been released.
But he may have gone straight to release due to the pandemic.
These people were used as scapegoats for something maybe half the people on certain early morning trains into Cannon St every morning would have known was probably happening.
One day just after Lehman collapsed I got chatting to a very stressed-looking guy on said train back from London, who was drinking wine from a small bottle, and he asked me if I was in finance, I said no. He said "well that's good, because if there's not enough support from the government, almost everyone on this train will lose their job."
He then asked me if I knew what LIBOR was. I did, because I studied economics at school. I explained and he was impressed; he said that outside of London almost nobody had any idea. He said "watch out for it in the news". But I already knew what he meant because even at school it was obvious what the potential problem with LIBOR was in situations like this.