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Barclays Diamond needs more humility

It was predictable that Bob Diamond of Barclays – a big global firm with an investment bank – would not be a fan of President Obama's ideas for structural reform. Diamond's irritating line, however, was the one about being "immensely proud" that Barclays ­survived the crisis without taking direct bailout money. Come on, Bob: have you forgotten already that Barclays would have collected the ABN Amro basket-case if Sir Fred Goodwin hadn't shown up? Less pride, more humility, please.

Source: The Guardian ↗

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