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Morse and Dearlove in focus after del Missier grilling

Jerry del Missier's testimony at the TSC threw up two new names in connection with the Barclays Libor-fixing scandal

Bob Diamond, Marcus Agius and Jerry del Missier have all now endured their own uncomfortable time in front of the Treasury Select Committee. But it was del Missier's testimony yesterday that turned the spotlight on two new names. Step forward Stephen Morse and Mark Dearlove.

The TSC has for the last two weeks been trying to pin down those responsible for Barclays' decision to low-ball Libor, by establishing who knew what at the bank, and when. Del Missier yesterday reiterated his defence that in October 2008 he had given the order for Barclays to lower its Libor submissions on the back of what he took to be a cue from Diamond and the Bank of England's deputy governor Paul Tucker.

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