King: Barclays Was in State of Denial

Bank of England Governor Mervyn King said the Barclays Plc board was in “something of a state of denial” on the bank’s management. He spoke in a testimony in Parliament today in London.
Putin Takes a Pay Cut as Approval Rating Rises to 85%
00:28 - EU ministers reviewed the status of sanctions against Russia at a meeting in Riga, Latvia while Russian President Vladimir Putin announced a cut in his pay as his approval rating rose to 85 percent in a new poll. Bloomberg’s Henry Meyer reports on “The Pulse.” (Source: Bloomberg)
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