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Barclays Manager Accused of Beating Man With Bat In Libor Rigging Case

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Mark Melin
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A disabled man accused in the Libor rigging scandal while working at Barclays Plc has a tough story to tell. He testified in court his boss, whom he credits with teaching him the ropes, beat him with a bat and otherwise humiliated him if mistakes were made on his money markets trade desk.

Libor Rigging

The mentoring tactics of a bank trading desk where Libor rigging is alleged to have taken place

You must excuse Barclays trading room executive Jonathan Mathew, 35, if he doesn’t immediately respond in a social setting. He is partially deaf in his left ear and was dyslexic as a child.

So when his supervisor at the bank, who operated a division...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.