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Diamond Quizzed on 2008 Bloomberg Story on Libor

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July 5, 2012 3:51 AM EDT Former Barclays Chief Executive Officer Bob Diamond is questioned about a May 2008 Bloomberg News story in which a Barclays employee stated that banks routinely misstated borrowing costs. The exchange took place during Diamond's testimony to the U.K. Treasury Select Committee in London yesterday. Mark Barton reports on Bloomberg Television's "Countdown." (Source: Bloomberg) (Bloomberg)

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