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Barclays complaining about unjust charges!! Priceless !!


citizenB
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Barclays has said US regulators' proposed fines of $470m (£291m) for the bank's alleged manipulation of energy markets are "unjustified" and the allegations will not stand up in court.

 

For the full story : - http://www.bbc.co.uk/news/business-20746820

 

I wonder if they will employ a top notch barrister and throw loads of money at this in order to avoid paying out ??

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For the full story : - http://www.bbc.co.uk/news/business-20746820

 

I wonder if they will employ a top notch barrister and throw loads of money at this in order to avoid paying out ??

The allegations may be entirely unjustified.... hence, within a court case (assuming that litigation does not resolve the issue), the case may be proven "beyond any reasonable doubt". And if Barclays are found entirely without fault, then they will be able to claim costs.

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