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The JustPod is a podcast of the American Bar Association's Criminal Justice Section, hosted by Justin Danilewitz and Geonard Butler. This episode features a discussion with Tom Hayes, a former international banker involved in the Global Libor Scandal.
In Part 2 of this two-part episode, Tom reflects on the vacation of his conviction.
A parallel prosecution in the United States against two other traders, brought by the U.S. Department of Justice, was dismissed, following a favorable decision of the U.S. Court of Appeals for the Second Circuit in 2022. At the time of the discussion with Tom in Part 1, the United Kingdom remained the only jurisdiction that viewed Tom’s conduct as criminal. That is, until his conviction—and the conviction of another trader, Carlo Palumbo—were overturned by a unanimous UK Supreme Court on July 23, 2025. This episode includes a discussion with Tom after this tremendous reprieve.
Listen to the episode here.
