"I don't think that the quick enquiry that the PM wants will route out all of the culprits.To me it looks like embezzlement on a big scale and they all must be held to account."
A parliamentary inquiry has already been announced. Embezzlement would involve the fraudulent appropriation of bank customers' funds for personal use, and as far as I'm aware there's absolutely no evidence in the public domain that even hints at that.
If the Scottish equivalent of the Fraud Squad has started a criminal investigation into the whole sector, not just individuals, any hint of a link in England would make any other enquiry, for the moment, a sideshow.
While the two systems are separate, the Supreme Court covers appeals in both jurisdictions, and they would not want to give grounds for an appeal (or perhaps they would!).
I wasnt listening intently,but it appears from the news during the early hours that not just banks were involved in shady rigging as Toshiba have been fined for price fixing along with several other large international companies.
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