Mitt Romney heads to London this week as part of a larger European tour, which will also take him to Israel and Poland.
While in London, the former Massachusetts Governor is scheduled to attend two campaign fundraisers for U.S. expats hosted by bankers and lobbyists embroiled in the LIBOR-gate scandal.
London-based Barclays paid a $450 million fine earlier this month for manipulating LIBOR — the rate used to determine the price of roughly $800 trillion worth of financial instruments.
Ex-Barclays CEO Robert Diamond resigned July 3 on news of the scandal. He soon dropped out as a Romney fundraiser co-host, even removing his name from the invitations.
But Barclays' lobbyist Patrick Durkin remains co-chair of Romney's fundraisers. The DC-based lobbyist has already raised more than $1 million for Romney's White House bid.
According to the Washington Post, Romney's London fundraisers will include a reception and a dinner. It costs $2,500 per person toRead More »from Romney to Fundraise with London Bankers Implicated in LIBOR Scandal