Dealbreaker’s Bess Levin writes: One thing that most people
probably agree on is that having their instant messages, e-mails, and phone
call transcripts end up court would be cause for at least a little
embarrassment….. Of course, the humiliation gets ratcheted up a notch in the
case of people who ‘haha’ (and in extreme circumstances “hahahah’) their own
jokes* which, just for example, involve habitual Libor manipulation. RBS’
trader Tan Chi Min knows what we’re talking about:
“Nice Libor,” Tan said in an April 2, 2008, instant message
with traders including Neil Danziger, who also was fired by RBS, and David
Pieri. “Our six-month fixing moved the entire fixing, hahahah.”
And while having such an exchange become public would be
tremendously awkward for most, you know what’s really ‘hahaha’ about this whole
thing? That 1) Tan was the one who wanted people to read the above, which was
submitted as part of a 231-page affidavit earlier this month and 2) He’s trying
to use it as evidence that he didn’t deserve to be fired….
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