Bankers thought rate fixing was 'joke' claims Heath
City AM editor Allister Heath said the allegations about Barclays Bank and lending rates were "very bad for all banks and a disaster for the City's reputation".
He said the traders from Barclays and other banks "thought it was a joke" which they wrote down in emails, and he said the banker bashing that would follow the revelations would be deserved.
Mr Heath said rate fixing meant some people may have ended up paying higher or lower amounts for their mortgages.
MORE FROM THE DAILY POLITICS
More clips and news on our BBC website; 'like' us on Facebook; follow us on Twitter
Most watched/listened
-
Woman confronts Woolwich attacker
-
'This has nothing to do with Islam'
-
Cellar opened to reveal 'apocalypse'
-
US showman's unbelievable oddballs
-
Witness: 'He pulled a handgun out'
-
Journey into an Icelandic volcano
-
Parents quit Singapore death probe
-
'I saw George Michael lying on M1'
-
Witness: 'They wanted to get caught'
-
Polluted Hong Kong gets new electric taxis
-
Bridger denies child sex interest
-
Combating Dubai's raw sewage woes
-
Russia 'outrage' at Eurovision snub
-
King wins first female Gershwin prize
-
"I just tried to be the best dad"
~RS~q~RS~~RS~z~RS~16~RS~)
