Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews. Listen and subscribe to Breakfast Business with Joe Lynam on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'
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Tom Hayes spend five years in jail for rigging the key benchmark interest rate among banks known as LIBOR. He used to work for UBS and Citi banks and vigorously protested his innocence. Two weeks ago the UK Supreme Court agreed with him and quashed the conviction. But how did it come to pass that an individual and not a wealthy bank would be sent to prison for doing his then job and what happens now to those other traders who pleaded guilty in similar circumstances in order to minimise their punishment? Tom Hayes joined Joe this morning to tell his story.