Business Diary: Bloom warns of token women
Thursday 19 May 2011
Godfrey Bloom, the economist who is now the UKIP MEP for Yorkshire, has got himself worked up over the European Parliament's backing for new corporate governance rules requiring companies to do more to promote women to top jobs. "I feel it my duty to warn all my old City colleagues that amongst other proposals, special gender discrimination is on its way to City boards," he says. "So line up your token women everyone." It's fair to say the MEP has a little form on this issue, once telling an interviewer that "no self-respecting small businessman with a brain in the right place would ever employ a lady of child-bearing age".
Baghdady gets his apprentices
Stock market investor Mike Baghdady announced six months ago that he was looking for 15 ordinary people for trading jobs at his firm. Now Baghdady has found his trainees and is promising to give each one £100,000 to trade with – the best will get a full-time job. We await the results with interest, although the fact that Baghdady employed "business psychologist" Edna Agbarha, one of the wackier contenders on The Apprentice just now, to help him pick doesn't fill us with hope.
Gross all set to keep his man
Bill Gross can relax. As the Diary reported yesterday, Gross was alarmed to see rumours that his co-chief Mohamed El-Erian might take over from Dominique Strauss-Kahn at the IMF. But now El-Erian has scotched the gossip. Although he thinks "this feudal selection approach [to choosing the head of the IMF] must be changed, and now is the time to do it", El-Erian adds that he has no intention of taking the job.
When Buffett ran into security
HBO's premiere of Too Big to Fail, the movie based on Andrew Ross Sorkin's account of the financial crisis, attracted astar-studded audience at the Museum of Modern Art in New York. The crowd included everyone from the financier George Soros to the actor Michael Douglas. One of the biggest names almost didn't get past security, however. Warren Buffett had to admit to the doormen that he hadn't brought his ticket – and was almost turned away before an embarrassed event organiser intervened.
- 4 Frankie Boyle on Scottish independence: 'In the Interests of Unity, F**k Off'
- 5 Florida couple forced to register as sex offenders for having sex on public beach
Boston Marathon runner's search for mystery man she kissed ends with letter from his wife
Italian police 'reveal' what Jesus looked like as a young boy
Florida couple forced to register as sex offenders for having sex on public beach
Mysterious 'X-Files' sounds heard miles above the Earth
Met Gala 2015: Beyoncé manages to out-skimp Rihanna, Miley and Kim Kardashian with near-naked ensemble
In defence of liberal democracy
General Election 2015: Post-election 'shambles' looms as 70 per cent of voters say SNP 'should not be able to veto UK government policies'
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
iJobs Money & Business
£60000 - £70000 per annum + benefits : Ashdown Group: A highly successful, glo...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
£27 - 35k + Bonus + Benefits: Guru Careers: A Management Accountant is needed ...
£40-50k + Benefits.: Guru Careers: A Project Manager / Business Analyst is nee...