Barclays Bank of shame now fixes Eric Street garden 3

Re-mediation work

It seems like only yesterday that disgraced Barclays Bank bosses chief executive Bob Diamond and chairman Marcus Agius resigned in the wake of the Libor price fixing scandal. Barclays was fined £290m back in June after some of its derivatives traders were found to have attempted to rig this key bank rate.

Guardian Care Homes, a residential care home operator based in Wolverhampton, is suing Barclays for up to 37 million pounds over the alleged mis-selling of interest rate hedging products, which were based on Libor rates.

Barclays was told last Wednesday by a High Court judge to hand over documents, emails and other details of 42 staff involved in the setting of interest rates, as part of Britain’s first lawsuit linked to alleged Libor manipulation.

Closer to home on Eric Street innocent employees of Barclays Bank will be beavering away in the Eric Street garden known locally as the “Dog Garden”.

Some re-mediation work to mitigate the affect of potential pollutants on site has been carried out and its full steam ahead for the creation of the new Bee Garden.

What do you think? – click here to tell us


Garden – 17-11-2012

Reality Check
It is excellent that the initial seeds of a discussion have broken out
after the publication of this post. If you cannot view comments please click
here to open comments and see.

The new garden is not yet finished so when it is – click here to tell us what you think

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3 thoughts on “Barclays Bank of shame now fixes Eric Street garden

  • Kim yuksel

    How depressing it is to experience your extreme negativity when reporting on the amazing work done by the corporate volunteers from Barclays Bank to develop a garden on Eric Street. It seems unnecessary and petty to frame the good work being done to make our community more beautiful and sociable, with comments about the mal practice of the financial sector. It would seem that everything that anyone does to improve this area is given the same negative , pessimistic and hostile treatment. This attitude makes any attempts at community consultation, cohesion and progression from the grim state of things as they are to possibilities of reinventing the Mile End area unpleasant and virtually impossible. MERA would find that they met with a great deal more success if they worked WITH local people and agencies with courtesy a positive attitude instead of being against them every step of the way.

  • Mark Taylor

    Dear Kim,
    I, Mark Taylor as I posted this article, mostly I agree with what you say about the need for the “good work being done to make our community more beautiful and sociable” – who could possibly disagree with this sentiment? No hostility towards those who worked on the garden is expressed in the article and no “extreme negativity” towards improvements to our estates either. I really cannot fathom where you get the idea that any dis-courtesy exists within this article but I am sure we can talk about this later.

  • Lene

    Just bear in mind that Mark is an old cynic – with the heart in the right place, with an interest in only the best for our community. A critical stance is, unfortunately these days, necessary!