In a hoo-ha that started just before Christmas, the Church has decided to wade into the debate about money and the war of words is escalating. It all started with the Pope speaking out against greed and the pursuit of profit in his address for World Peace Day. In his statement appeared sentences such as:…
In a hoo-ha that started just before Christmas, the Church has decided to wade into the debate about money and the war of words is escalating. It all started with the Pope speaking out against greed and the pursuit of profit in his address for World Peace Day. In his statement appeared sentences such as:…
Front page news in UK newspaper for the masses, the Daily Mail: "Goldmine Sachs: As jobless toll soars, investment bank's bonuses for staff are cut to a MERE £4.3 billion ($6 billion) "Investment bank Goldman Sachs is to pay £4.3 billion in bonuses to its City workers. Despite the financial crisis and the spectre of…
Front page news in UK newspaper for the masses, the Daily Mail: "Goldmine Sachs: As jobless toll soars, investment bank's bonuses for staff are cut to a MERE £4.3 billion ($6 billion) "Investment bank Goldman Sachs is to pay £4.3 billion in bonuses to its City workers. Despite the financial crisis and the spectre of…
Front page news in UK newspaper for the masses, the Daily Mail: "Goldmine Sachs: As jobless toll soars, investment bank's bonuses for staff are cut to a MERE £4.3 billion ($6 billion) "Investment bank Goldman Sachs is to pay £4.3 billion in bonuses to its City workers. Despite the financial crisis and the spectre of…
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…
Each year, the Evening Standard auctions off a load of prizes on eBay, several with a City flavour. Last year, the winning item was a ping-pong game with John Varley, CEO of Barclays Bank. That cost £10,500 ($15,000). This year, it's even more mind-boggling as the top prize went for £14,600 ($20,000). That was £400…
