BOB Diamond arrived at the Treasury Select Committee on a mission to rescue his reputation after being forced into resigning as chief executive of Barclays.

He succeeded only in confirming that there are many more questions to answer.

Having fired a shot over the bows of the Bank of England (and the politicians) by releasing a note apparently implicating the bank's deputy governor in Libor submissions on the eve of his appearance, Mr Diamond was eager to tell the MPs, repeatedly, how much he loved Barclays and how reprehensible were the traders who had falsified submissions that determine the interbank lending rates.

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