Deputy Governor Of BOE Denies Wrongdoing

Deputy Governor Of BOE Denies Wrongdoing

Assessment

Interactive Video

Business

University

Hard

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The video discusses the Libor scandal involving Barclays and the Bank of England, highlighting the roles of key figures like Bob Diamond and Paul Tucker. It explores government involvement and the lack of pressure to manipulate Libor rates. Ed Miliband's call for banking reforms, including increasing consumer choice and stewardship banking, is covered. The video concludes with the global implications of rate fixing and ongoing investigations.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Paul Tucker's task in relation to the Libor scandal?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What fundamental reform has Ed Miliband called for in the banking sector?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Ed Miliband propose to increase competition among banks?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Ed Miliband believe should happen to bankers who exhibit unprofessional behavior?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the investigation into rate fixing as mentioned in the text?

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