Marketplace Morning Report for Wednesday, July 4, 2012
Happy Fourth of July! Independence Day is a big day for sales of American flags, but when it comes to sales of red, white, and blue, -- we're actually in the red. The so-called "living wills" of the nine largest U.S. banks are now available for viewing. And on the day when we celebrate American independence from Britain, an American, former Barclays CEO Bob Diamond, is about to be hauled before a British parliamentary committee after allegations the bank rigged a key interest rate.
Happy Fourth of July! Independence Day is a big day for sales of American flags, but when it comes to sales of red, white, and blue, — we’re actually in the red. The so-called “living wills” of the nine largest U.S. banks are now available for viewing. And on the day when we celebrate American independence from Britain, an American, former Barclays CEO Bob Diamond, is about to be hauled before a British parliamentary committee after allegations the bank rigged a key interest rate.