The New York Times Dealbook: “Amid the Barclays fallout, other British banks are now scrambling to settle with authorities, according to people with knowledge of the matter who spoke on the condition of anonymity. American regulators have set their sights on a large European institution, another person said.
The Commodity Futures Trading Commission is building several cases in piecemeal fashion, choosing at this point to mount evidence against each bank rather than unveil a single global settlement, according to the people. The next case is not expected to be imminent.”
NYT Article: Barclay’s C.E.O. Resigns and Bank Frames Defense
NYT: “One day in 1991, high in the thin, crystalline air of the Peruvian Andes, Lonnie G. Thompson saw that the world’s largest tropical ice cap was starting to melt. It was the moment he realized that his life’s work had suddenly become a race.”