Seriously...

1. The Low Ball Tapes - Arrested


Listen Later

The secret tapes the authorities, on both sides of the Atlantic, wouldn’t want you to hear. Andy Verity, the BBC’s Economics Correspondent has audio recordings, kept secret for years, which reveal evidence that could upend the received version of the biggest scandal since the financial crash. We might have thought that the rate-rigging bankers, ‘the LIBOR manipulators’ were justly jailed in the aftermath of the 2008 financial crisis, but over 5 episodes, Andy questions the traditional narrative. The Lowball Tapes exposes evidence, much of it kept out of the trials, to show how they were instructed to give a falsely low LIBOR rate, ‘to lowball.’ Outraged, some of the traders turn whistle-blowers; but rather than stopping the deception, the whistle-blowers find themselves pursued. In interviews with convicted traders, including one on the run, Andy hears how it appears blame for manipulating LIBOR was shifted onto junior traders, while those higher up escaped prosecution. Did the world fail to see the truth at the time? We’ve acquired a huge cache of exclusive evidence - recorded phone calls, confidential internal emails and witness statements - which suggest maybe it wasn’t just the market that was rigged. Can he find out who was pulling the strings and where the instructions ultimately came from? Producer: Sarah Bowen Music: Oskar Jones

...more
View all episodesView all episodes
Download on the App Store

Seriously...By BBC Radio 4

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

257 ratings


More shows like Seriously...

View all
Global News Podcast by BBC World Service

Global News Podcast

7,810 Listeners

Newshour by BBC World Service

Newshour

1,069 Listeners

In Our Time by BBC Radio 4

In Our Time

5,517 Listeners

The Documentary Podcast by BBC World Service

The Documentary Podcast

1,804 Listeners

In Our Time: History by BBC Radio 4

In Our Time: History

1,880 Listeners

6 Minute English by BBC Radio

6 Minute English

1,871 Listeners

Learning English Conversations by BBC Radio

Learning English Conversations

1,065 Listeners

Friday Night Comedy from BBC Radio 4 by BBC Radio 4

Friday Night Comedy from BBC Radio 4

2,123 Listeners

The Infinite Monkey Cage by BBC Radio 4

The Infinite Monkey Cage

1,981 Listeners

Comedy of the Week by BBC Radio 4

Comedy of the Week

492 Listeners

Desert Island Discs by BBC Radio 4

Desert Island Discs

2,093 Listeners

Great Lives by BBC Radio 4

Great Lives

488 Listeners

Lives Less Ordinary by BBC World Service

Lives Less Ordinary

600 Listeners

Profile by BBC Radio 4

Profile

108 Listeners

Last Word by BBC Radio 4

Last Word

46 Listeners

Thinking Allowed by BBC Radio 4

Thinking Allowed

301 Listeners

The Audio Long Read by The Guardian

The Audio Long Read

842 Listeners

All in the Mind by BBC Radio 4

All in the Mind

64 Listeners

Private Passions by BBC Radio 3

Private Passions

52 Listeners

You're Dead to Me by BBC Radio 4

You're Dead to Me

3,208 Listeners

The Bomb by BBC World Service

The Bomb

1,042 Listeners

Life Changing by BBC Radio 4

Life Changing

74 Listeners

This Cultural Life by BBC Radio 4

This Cultural Life

126 Listeners

When It Hits the Fan by BBC Radio 4

When It Hits the Fan

51 Listeners

Young Again by BBC Radio 4

Young Again

49 Listeners