Wicked whisper...

A week of orgasmic results in the banking sector, but which executive of a bailed-out bank is currently enjoying a cheeky bonus by shagging his secretary?

Jezza gets a whack on the bonce

Jeremy Warner must have suffered a severe blow to the head. Or perhaps he's been got at.
But today's piece in The Telegraph gets awfully close to reaching an actual conclusion on what to do with the banks.
"Let's please learn the lessons and break up these goliaths, rather than fiddling around with capital controls and reform to banking supervision. Bankers will always find a way around those constraints."
Blimey! Of course, few people will have managed to read that far, given how turgid is the rest of his shoot-me-now prose.

Sir Fred still Number One

Last April The Daily Telegraph ran a series on the 1,000 most powerful people in British business, an astonishing suck-up job by almost any standards.
The top 20 in banking, of course, now reads like a who's who of villainy, with number one (you've guessed it) Sir Fred Goodwin.
"Despite yesterday's record breaking £12 billion rights issue, Sir Fred remains the dominant influence in British banking," opined the Tel back then.
Still true, I suppose.

A unique opportunity (again)

Another day, another high-profile vacancy in public sector banking. This time, the Government is seeking a successor to Paul Spencer as chairman of National Savings & Investments, the state-owned bank that's an executive agency of HM Treasury.
"NS&I occupies a unique position in British public life," the job ad entices - which is one way of looking at it. Sadly, banks controlled from 1 Horse Guards Road are now decidedly less unique than they once were.