Business

Associated Press
Former Barclays Chief Executive Bob Diamond leaves after giving evidence to the Treasury Select Committee at Portcullis House, central London Wednesday July 4, 2012. Diamond said Wednesday that his bank illegally reported low borrowing rates in October 2008 because other banks were reporting even lower ones, making Barclays look bad and threatening efforts to attract investment from Qatar. Pressure had been building on the bank over the past week since U.S. and British regulators imposed fines totaling $453 million against Barclays for false reporting of its borrowing costs between 2005 and 2009. (AP Photo/Lefteris Pitarakis)

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