"We have a profound issue — that is, an industry-wide issue, not just a Barclays issue," Robert Diamond told Parliament members Wednesday. The former head of Barclays Bank resigned Tuesday over a growing interest-rate manipulation scandal.
This year, three-quarters of the country are experiencing some level of drought, and many cities are temporarily banning fireworks. But restrictions may not keep committed revelers from the rush of lighting a fuse.
Gary Cha and his family came to the U.S. from South Korea in the 1970s. They opened Yes! Organic Markets in food deserts and other unlikely neighborhoods around Washington, D.C. and Maryland. Cha speaks with host Michel Martin about his heritage, his business and racial tension between some Asian store-owners and African-American residents.
The former chief executive of the British bank Barclays is appearing before a parliamentary committee in Britain Wednesday. Bob Diamond, who resigned Tuesday, is supposed to answer questions about the rate-setting scandal at the company. Barclays released documents Tuesday suggesting that a Bank of England official may have pressured the bank to lower its rates.
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