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If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.
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Howard - Look at it this way.
Diamond said that people 'close to Brown' applied pressure on Barclays over Libor. Balls was the City Minister at the time and such matters were his responsibility. That is not to say he was the person Diamond referred to but as the responsible Minister and a person 'close to Brown' he certainly has answers to provide. Fact.
If I was in a similar position as Balls I would prefer to respond with dignity and agree to answer questions and not act like a scalded cat.
I have to say that Balls' reaction and his throwing in the red herring of Tuckers evidence when Tucker said no pressure was applied to him at the BoE (irrelevant as the BoE was not the bank in question) raises my suspicions that he has something to hide.
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