Key
1. Have a look at the phrases below and match the correct phrase to the explanation.
Phrase
It will not break the bank.
Money talks.
Have money to burn.
Explanation
The price is reasonable.
Money is powerful.
Have too much money.
2. Possible answers
Think of situations in which the phrases can be used. It will not break the bank, e.g.
when talking about some products we want to buy, discussing the price. Money talks,
e.g. when persuading someone to do something; He has money to burn, e.g. when
talking about someone who lives in luxury.
3. Read the article and find a) how much Barclays paid. The sum is not given.
b) What does the LIBOR stands for? London Interbank
Offered Rate
c) Who is Michael Weinstein? He is a crime expert.
4. Read the article again and answer the questions below.
a) Why has Barclays Bank paid a fine? Barclays Bank has paid the fine for
manipulating interest rates.
b) How many banks decide about interest rates all over the world? 18 banks.
c) Where was Mr Weinstein’s former job? He was a Department of Justice
attorney.
d) What does he deal with? He deals with white-collar crime.
e) What countries are influenced by the LIBOR rate? Al countries are affected;,
the LIBOR Rate has a global impact.