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coach outlet factory cannot be a slap on the wrist. He added: "When ordinary people break the law they face charges, prosecution and punishment. The same should happen here."The public, who are paying the price for bankers' irresponsibility, will expect nothing less."Business Secretary Vince Cable, speaking to a Commons committee, warned he had the power tostrip Diamond of his directorship as a "last resort", although he added it was "premature" to discuss his position.He said: "There are last resort powers on director disqualification. If the facts suggested action, that could well follow.""This is a scandal. It's extremely serious. They've paid a very large fine and quite rightly. The Barclays management team have some big questions to answer," said Cameron.Diamond who has taken home nearly 100million in salary and perks since 2006 was also under fire from shareholders.Some of them had begun to express concerns about the board following the row over the chief executive's 17million pay package last year.The future of the bank's chairman Marcus Agius was also being called into question by some City insiders last night.And the scandal is believed to have blighted the prospects of John Varley Diamond's predecessor as chief executive who had previously been tipped as a future governor of the Bank of England.The investigation by the FSA disclosed a trail of emails that showed Barclay's staff blatantly encouraging each other to fix borrowing rates.In one, a trader said: "Dude, I owe you big time! Come over one day after work and I'm opening a bottle of Bollinger."Osborne said the email exchanges "read