Bob Diamond, the CEO of Barclays Bank resigned on Tuesday. This amid what appears to be the biggest scandal in banking history - of manipulating the LIBOR (London Interbank Offered Rate) affecting over 500 Trillion dollars worth of loans. The firms COO, Jerry del Missier resigned as well. Last week Barclays was fined a record amount for fixing rates - $455 Million (U.S.D). Incredibly, Marcus Agius, the Chairman who resigned on Monday, returned on Tuesday to fill the Chairman's position. Messy. Now, according to Diamonds testimony in a Parliamentary hearing and company documents, it is alleged and appears as if there may have been pressure from the Bank of England via Paul Tucker and other "senior Whitehall figures".
Diamond is displaying a "false-Tie Adjust" - a common male body language signal indicative of anxiety, fear, vulnerability or concern. It seems he has some good reason for such anxiety. This example of an nonverbal MAP (Manipulator, Adaptor, Pacifier) has female analogs as well - playing with a necklace, touching or rubbing the lower neck - at or just above the manubrium (the upper portion of the sternum).
Diamond is used to being in the limelight - as are all senior executives - and in the above photo his poker face isn't bad. But human he is, and his emotions and thoughts leak out for everyone to see - just like the rest of us - if you know what to look for...
Other banks being investigated for similar possible corruption include Deutsche Bank, UBS, Citigroup, Royal Bank of Scotland, JPMorgan Chase and Credit Suisse.
See also:
See also:
Analysis # 97: Berlusconi's false tie Adjust
Analysis # 1209: Even Putin has Anxiety - False Tie Adjust
Analysis # 1927: Italy's Fans watching EURO 2012 - Expressions of Fear
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