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Wednesday, 27 May 2015. Libor Rigger Hayes Innocent, guilty, perpetrator or victim? Tom Hayes is the first person to face prosecution for apparent Libor riging . His defence is. Interesting, he does not deny wrong-doing, rather his argument is along the lines that Everyone was doing it, the banks knew about it and thus approved of it and therefore effectively sanctioned it. Thus if he was not so much guilty as much as he was following orders? Image courtesy of iosphere at FreeDigitalPhotos.net. We mus.CONTENT
This web page traderbehaviour.blogspot.com states the following, "Libor Rigger Hayes Innocent, guilty, perpetrator or victim? Tom Hayes is the first person to face prosecution for apparent Libor riging." We saw that the webpage said " Interesting, he does not deny wrong-doing, rather his argument is along the lines that Everyone was doing it, the banks knew about it and thus approved of it and therefore effectively sanctioned it." It also said " Thus if he was not so much guilty as much as he was following orders? Image courtesy of iosphere at FreeDigitalPhotos."