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by Zikes 4035 days ago
It sounds like the trial will focus on Mr Hayes, but this was only possible because of the collaborative effort of other banks. His co-conspirators should be tried as well.
2 comments

Of course, it is going to focus on him; it is his trial. However, the article says:

The first criminal trial . . .

So, it sounds like there are more to come.

I believe this is a test case, as it's not entirely clear if manipulating libor was against UK laws, as they were at the time.