Economy

Demeter

(85,373 posts)

17. Barclays' Diamond turns to top lawyer for Libor scandal

Sat Jul 14, 2012, 12:02 AM

Jul 2012

http://www.reuters.com/article/2012/07/12/us-banking-libor-diamond-lawyer-idUSBRE86B16V20120712?feedType=RSS&feedName=businessNews&utm_source=dlvr.it&utm_medium=twitter&dlvrit=56943

Barclays' embattled former chief executive Bob Diamond is being represented by top white-collar defense lawyer Andrew Levander in a widening scandal over the manipulation of benchmark interest rates, people familiar with the matter said.

More than a dozen current and former employees of several large banks under investigation have hired defense lawyers over the past year, but Levander's role is one of the most high-profile.

Levander, a partner at the law firm Dechert LLP, is one of the biggest names in the defense bar in the United States. He is currently also representing former New Jersey governor Jon Corzine in investigations into the collapse of the failed commodities brokerage he ran, MF Global.

Levander, who is known for his trademark bow ties, had a prime seat by Corzine when the former CEO was grilled multiple times at congressional hearings in Washington late last year. He has also represented outside directors of Lehman Brothers Holdings Inc, former Merrill Lynch CEO John Thain and hedge-fund manager and philanthropist Ezra Merkin, who was sued over money lost in the Ponzi scheme run by Bernard Madoff...

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Highlight:

Weekend Economists Waiting for FDR July 13-15, 2012 [View all] Demeter Jul 2012 OP

ONE BANK DOWN Demeter Jul 2012 #1

ONE BANK THAT DIDN'T GO DOWN...JPMORGAN Demeter Jul 2012 #2

JP Morgan's trades losses are backed by the FDIC MannyGoldstein Jul 2012 #4

You're kidding! Do you have a link? Demeter Jul 2012 #9

There is no link because it ain't quite true n/t Po_d Mainiac Jul 2012 #12

Sure MannyGoldstein Jul 2012 #15

I do remember reading BoA doing this DemReadingDU Jul 2012 #27

IT'S COMIC, ISN'T IT? Demeter Jul 2012 #41

New York Fed Was Aware of False Reporting on Rates (LIBOR) Demeter Jul 2012 #3

Calculated Deal in a Rate-Rigging Inquiry Demeter Jul 2012 #6

BUT WAIT, IT JUST GETS BETTER Demeter Jul 2012 #7

New Fraud Inquiry as JPMorgan’s Loss Mounts Demeter Jul 2012 #8

Follow-On Civil Litigation Emerges as LIBOR Scandal Continues to Unfold Demeter Jul 2012 #16

Barclays flagged Libor problems to Fed in 2007 Demeter Jul 2012 #11

Fed's Lacker: Libor scandal hurting confidence Demeter Jul 2012 #13

So How Much Did the Banksters Make on Libor-Related Ill-Gotten Gains? Demeter Jul 2012 #21

Corporations Dodge LIBOR Scandal Bullet: It’s banks and hedge funds that look like the losers. Demeter Jul 2012 #34

Unfortunately, they're probabaly right that it'll take a long time to sort out the consequences; but snot Jul 2012 #59

We need another FDR MannyGoldstein Jul 2012 #5

Mittler? Fuddnik Jul 2012 #22

Worse? Po_d Mainiac Jul 2012 #24

Visa rises, J.P. Morgan slips after hours Demeter Jul 2012 #10

Euro tumbles as Asian funds shun EU chaos By Ambrose Evans-Pritchard Demeter Jul 2012 #14

Barclays' Diamond turns to top lawyer for Libor scandal Demeter Jul 2012 #17

Bank said to mislead on mortgage buybacks, links to MERS Po_d Mainiac Jul 2012 #18

City Bankruptcy Could Raise Hurdles for Mortgage Seizure Plan Demeter Jul 2012 #19

Picking On the Job Creators Demeter Jul 2012 #20

Poor Sales, Not High Wages, Worry Small Businesses By Eric Hoyt Demeter Jul 2012 #33

America’s Broken Jobs Engine Demeter Jul 2012 #38

Are the Mice Starting to Roar? Municipalities Turn Defiant with Wall Street Demeter Jul 2012 #23

Franklin D. Roosevelt Demeter Jul 2012 #25

ANCESTRY AND YOUTH Demeter Jul 2012 #26

COLLEGE AND ADULTHOOD Demeter Jul 2012 #28

FAMILY LIFE Demeter Jul 2012 #29

How Out-of-Control Credit Markets Threaten Liberty, Democracy and Economic Security By Ed Harrison Demeter Jul 2012 #30

FROM THE COMMENTS Demeter Jul 2012 #31

The Great Capitalist Heist: How Paris Hilton’s Dogs Ended Up Better Off Than You Demeter Jul 2012 #35

Another "this should be a separate thread", and what of the outcome for this repeat? I'd love to mother earth Jul 2012 #39

Who’s Very Important? By PAUL KRUGMAN Demeter Jul 2012 #32

Not you, Paulie. Not you. n/t Tansy_Gold Jul 2012 #46

Once again, K & R! Every DU'er should be reading these threads. No, make mother earth Jul 2012 #36

U.S. home foreclosure filings rise Demeter Jul 2012 #37

Demeter, thank you, as usual, great job. mother earth Jul 2012 #40

Thanks for dropping in! Demeter Jul 2012 #42

it's saturday -- so party at fuddniks! xchrom Jul 2012 #43

WE. HAVE. RAIN. Tansy_Gold Jul 2012 #47

one of my most favorite memories i'll ever have is the AZ desert after a rain. xchrom Jul 2012 #48

Yes. Those who have been here and seen it know. Tansy_Gold Jul 2012 #53

Deutsche Bank's 'Rule Of 10%' Gives New Perspective On Weak Jobless Claims xchrom Jul 2012 #44

Troika Report On The 'Awful' Situation In Greece Leaks Early xchrom Jul 2012 #45

JPMorgan's loss from trading blunder could widen to $7.5 billion xchrom Jul 2012 #49

S&P puts Compton bonds on credit watch xchrom Jul 2012 #50

U.S. travel and tourism on pace to set spending record xchrom Jul 2012 #51

My mother is what I call a "Roosevelt Democrat" bread_and_roses Jul 2012 #52

Judge halts 'debtors prison' by Harpersville, city court, calls it 'judicially sanctioned extortion' Demeter Jul 2012 #54

anyone have a link handy on the Banksters and Greece? bread_and_roses Jul 2012 #55

A lot of people had their fingers in that pie Demeter Jul 2012 #56

Thanks, Demeter - and I found a couple too - bread_and_roses Jul 2012 #58

I Overdid It Yesterday Demeter Jul 2012 #57

Romney 'Retired Retroactively' from Bain DemReadingDU Jul 2012 #60

Bain seems to be acting like he retire radioactively. Fuddnik Jul 2012 #61

This whole campaign has been a comedy of errors Demeter Jul 2012 #62

The way he's imploding, I don't think he'll make it to the convention. Fuddnik Jul 2012 #63

That would be too unique, even for america Demeter Jul 2012 #64

Mittens has Bain Po_d Mainiac Jul 2012 #67

I have had a evolving theory... kickysnana Jul 2012 #68

I'm too pooped to post, sorry folks Demeter Jul 2012 #65

You've done your share and then some bread_and_roses Jul 2012 #66

+1 kickysnana Jul 2012 #69