Founded more than 320 years ago, Barclays Bank was the very picture of bowler-hatted respectability, but it also made bids to modernity by sponsoring London’s two-year-old cycle hire scheme. Then up pops LIBOR, an intricacy of the banking world that only a few people know stands for the London Interbank Offered Rate. Barclays bankers are accused of rigging it, and suddenly the chairman, the chief executive and the chief operating officer have fallen on their swords in a fashion that would bring grins to the faces of directors of Japanese tragic films. Our survey of leading general counsel was conducted before the Barclays’ bloodletting. What’s the betting on the ‘much more important’ figure having increased?