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Wake Up to Money: Rate Rigger Jailed

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04/08/2015

Rate Rigger Jailed

BBC Radio 5 Live - Wake Up to Money, Rate Rigger Jailed

Tom Hayes has become the first person to be convicted for rigging the Libor rate.

Former chancellor and justice secretary Ken Clarke welcomes the tough sentence for the first person convicted in the UK for rigging the Libor rate.

After Tom Hayes becomes the first person to be convicted for rate rigging, former Chancellor and Justice Secretary Ken Clarke compares his actions to those of a bank robber in a balaclava. Also what were the financial impacts of Tom Hayes actions and who were the winners and losers.

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Wake Up to Money

Rate Rigger Jailed

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