2. The Low Ball Tapes - The Trails
Seriously...
BBC
4.1 • 885 Ratings
🗓️ 3 March 2022
⏱️ 16 minutes
🧾️ Download transcript
Summary
Andy Verity investigates the secret history of Libor, asking did the right people go to jail? Were the rate rigging trials about law and the evidence, or were they show trials to appease public anger towards banks?
Producer: Sarah Bowen Music: Oskar Jones
Transcript
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| 0:00.0 | This was an impregnable fortress. The only way you get out was in a wooden box. |
| 0:05.0 | The controversial maximum security prison impossible to escape from. |
| 0:09.0 | And one of the duties of a political prisoner is the escape. |
| 0:12.0 | The IRA inmates who found a way. of a political prisoner is the escape. |
| 0:12.5 | The IRA inmates who found a way. |
| 0:14.5 | I'm Carlo Gableer and I'll be navigating a path |
| 0:19.5 | through the disturbing inside story of the biggest jailbreak in British and Irish history. |
| 0:25.0 | The narrative that they want is that this is a big achievement by them. |
| 0:28.5 | Escape from the maze, listen first on BBC Sounds. |
| 0:35.0 | BBC Sounds. BBC Sounds, Music Radio Podcasts. |
| 0:39.0 | Hi, I'm Andy Verity and this is seriously from BBC Radio 4. |
| 0:44.3 | In part two of the Lowball Tapes, we follow traders through a Kafka nightmare |
| 0:49.6 | where 12 emails from a decade ago can send you to jail for doing something your bosses |
| 0:54.8 | instructed you to do. |
| 0:57.0 | Welcome to the lowball tapes. I'm Andy Verity and I'm investigating the secret history of interest |
| 1:05.8 | rate rigging and asking if the right people went to jail. |
| 1:10.2 | I thought, new life, new place when I got a call from the lawyers. |
| 1:14.4 | In the last episode, Barclay's trader Carlo Palumbo was being forced to return to the UK for questioning. |
| 1:20.6 | Saying, if they want to interview you, it means they most likely they want to charge you. |
| 1:25.0 | Traders were being asked about emails and messages from years before. |
| 1:29.2 | What did they say? |
| 1:30.2 | They say, today, if possible, we would prefer to have a high rate. |
... |
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