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Seriously...

3. The Lowball Tapes – The Whistleblower

Seriously...

BBC

Documentary, Society & Culture

4.1885 Ratings

🗓️ 3 March 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

Pressure is put on a reluctant trader to manipulate interest rates. But where are his instructions coming from?

As Libor begins to feel like a lie, Andy is given a flash drive with some incendiary audio recordings.

Presenter: Andy Verity Producer: Sarah Bowen Music: Oskar Jones

Transcript

Click on a timestamp to play from that location

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.

0:35.0

BBC Sounds, Music Radio Podcasts.

0:39.0

Hi, I'm Andy Verity and this is seriously from BBC Radio 4.

0:44.0

In part three of the Lobel tapes, you'll hear leaked audio recordings, the authorities on both sides of the Atlantic, didn't want you to hear.

0:52.0

Many of them from the phone line of Peter Johnson,

0:55.9

a Barclays cash trader furious at having to lie about interest rates on instructions from above.

1:02.3

He tries to blow the whistle to the US and UK authorities,

1:05.6

but they have a strange way of thanking him. Please be aware this program contains some very

1:10.9

strong language.

1:17.0

Welcome to the lowball tapes.

1:22.8

I'm Andy Verity investigating the secret history of interest rate rigging. Well in total the prosecution said there are 12 females.

1:26.0

What did they say?

1:28.0

They say, hi sister, today if possible we would prefer to have a high rate.

...

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