06-10-2015 20:45 via uk.news.yahoo.com

Brokers 'enthusiastically' aided Libor conspiracy, prosecutor tells court

By Kirstin Ridley LONDON (Reuters) - Six former interdealer brokers with nicknames such as "big nose" and "Lord Libor" were rewarded with kickbacks and bribes for "enthusiastically" helping a trader rig a global interest rate, a prosecutor told London's second Libor trial. Mukul Chawla, counsel for Britain's Serious Fraud Office (SFO), said the actions of former UBS and Citigroup trader Tom Hayes were the key to a "simple" case about dishonesty and conspiracy scheduled to run into the New Year.
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