The other day I spotted that Time Magazine had published various Top 10 lists, including several funny ones about banking.
Today, I spotted a few other lists about banking that were funny in a different way.
First, the FT printed the Top 10 TARP funded CEO bonus lists.
Funnily enough, not one bank would tell them how much their CEO's earned this year as a bonus.
How strange?
Then I noted that
Here is the City is asking its readers to vote for their Top 10 worst
CEO's this year.
That list is available, and here's the current Top 10:
1. Stan O'Neal, Merrill Lynch - 33.5%
2. Richard Fuld, Lehman Brothers - 26.3%
3. Sir Fred Goodwin, Royal Bank of Scotland - 11.6%
4. Chuck Prince, Citi - 7.7%
5. Ken Thompson, Wachovia - 4.1%
6. Jimmy Cayne, Bear Stearns - 4.0%
7. John Costas, UBS-IB - 3.9%
8. Marcel Ospel, UBS - 2.4%
9. Martin Sullivan, AIG - 2.1%
10. Jean Paul Voutron, Fortis - 1.7%
I guess my vote would go to ...
... Eliot Spitzer (this year, last year and for all time after the Madoff affair).
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...