From Ian Fraser Blog
''In his glory days Fred Goodwin apired to make Royal Bank of Scotland a global bank on which the sun never set. Corporate videos extolling the group’s global reach were routinely played at investor meetings. His legacy is a world of trouble, with the bank deeply implicated in Libor rate rigging scandal, in which scores of the world’s largest banks are alleged to have conspired to manipulate the price of money to deflect concerns about their health and bolster profits.''
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