Former Barclays VP Shifts to Philosophy After Overturned Conviction
By
xbmcuser
A baker's-dozen of insight crammed into one ring.
Summary
Carlo Palombo, a former Barclays VP, had his criminal conviction for EURIBOR rate manipulation overturned, lifting his industry ban. Despite the opportunity to return to finance, Palombo has shifted his focus to philosophy, citing widespread unethical practices in his former role.
Key quotes
· 3 pulledCarlo Palombo will not be getting another job in financial services.
The stuff I was put in prison for was done by absolutely everyone in my area of the bank as normal business practice.
If he wanted, Palombo could potentially try to find a new role. He doesn't want to; he's more interested in philosophy instead.
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