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Leave Sympathy Aside for Brokers in Libor Case, Prosecutor Says

  • SFO begins closing arguments in three-month-old Libor trial
  • Jurors don't need finance background to understand charges

Jurors in the case of six former brokers accused of helping Tom Hayes rig Libor were told to disregard any sympathy they may have for the defendants as prosecutors wrapped up their arguments in the three-month-old trial.

A "cold, dispassionate review of the evidence" made it clear that the men were all willing participants in Hayes’s conspiracy, Serious Fraud Office prosecutor Mukul Chawla said as he began closing arguments in London Monday. "You don’t need to be part of the financial community to understand it."