How City banks and brokers stitched up local authorities with LOBO loans

June 26th, 2014 By Rob Carver (guest blog) First we had PPI. Then Libor. Then the misselling of interest rate swaps to SMEs. Now, ladies and gentlemen, I give you LOBO-gate: how banks ripped off local authorities and housing associations from someone who was there. Cast your minds back to the early 2000s. Life was … Continue reading How City banks and brokers stitched up local authorities with LOBO loans