RBS traders joked about fixing lending rates in exchange for sex and sushi, landing bank with 400million fine

'It’s up and down like a whore’s drawers!' RBS trader’s boast as he fixed bank lending ratesVince Cable wants power to grant loans back in hands of bank managersBusiness Secretary calling for action to reverse decline in lending to SMEsWill demand banks publish details of how much and where they lendCable is due to make a speech at Bloomberg offices in central London bonus and long-term incentive shares.

As prices for Damien Hirst"s works plummet, pity the credulous saps who spent fortunes on his tosh

At last, the real shark is exposed: As prices for Damien Hirst’s works plummet, pity the credulous saps who spent fortunes on his tosh PUBLISHED: 00:01 GMT, 28 November 2012 | UPDATED: 11:03 GMT, 28 November 2012 Finally! The market price for Damien Hirst’s art is falling and some of his work is being withdrawn unsold from auctions. While paintings by some of the 20th- century’s great artists such as Picasso and Matisse are still increasing in value despite the financial collapse, Hirst’s prices are down by 30 per cent since their 2008 peak and one in three of his pieces has failed to sell at all.