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Tag Archives: LIBOR
Who is creating the rotten barrels in your company?
In an earlier post, I discussed the myth of the rogue employee. The post focused on how the term was used when an organisation wanted to scapegoat an employee. When that happened, I argued that the organisation used the term to … Continue reading →
Posted in change, coruption, culture, leadership, learning organisation, management
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Tagged Barclays, Business, Employment, Enron, LIBOR, Organization, Organizational culture, rotten apple, Senior management
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Thoughts on Barclays, Diamond, and a corporate culture in crisis
As I read the report published by the Financial Services Authority (FSA) for the fine of £59 million against Barclays Bank for the recent LIBOR fixing scandal, I was struck by how Bob Diamond’s letter to Andrew Tyrie seemed to … Continue reading →
Posted in coruption, leadership, management
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Tagged Andrew Tyrie, Barclay, Bob Diamond, Financial Services Authority, FSA, LIBOR, London Interbank Offered Rate, Royal Bank of Scotland
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