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Lewd e-mails and boastful chatter from young traders, preserved in digital archives, has come back to haunt Barclays as it defends itself against allegations that it manipulated U.S. energy markets. |
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It is not surprising that the company voted as the most "interconnected" in the world in 2011 is guilty of price manipulation. Nevertheless, would anyone with an iota of intelligence be surprised if they found out that ALL large banks have manipulated the price of something at one time or another in the past? Don't think so.
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