Business Diary: Not just an ordinary bear
Thursday 07 October 2010
Does the punishment fit the crime? When US hedge fundmanager Paul Greenwood pleaded guilty last month to defrauding clients, he no doubt expected the American courts to be tough with him. But even before the sentence is handed down, the pain has begun for Greenwood: he's been forced to auction his collection of 1,350 teddy bears, which until now have been displayed inpresentation cases at his home. Amazingly, the bears are thought to be worth £2m.
Bank bosses gambling again
Compliments to Euromoney magazine, which hasproduced a novel version of the famous Top Trumps game to mark this weekend's International Monetary Fund summit. The cardsfeature bank CEOs from around the world, complete with their vital statistics and caricatures. We like the card featuring Barclays' John Varley, which portrays Bob Diamond as a back-seatdriver, and doing Stephen Hester at RBS as head boy is good too. Sir Fred Goodwin makes a special appearance, as a particularly sinister-looking Joker.
Mitchell comes to the City
Never let it be said that TV comic David Mitchell is under-exposed. Not content with appearing on every BBC panel show going, he's now going to host a City quiz night – the Brain Game – in which teams of financiers will seek to establish their intellectual prowess. For once, the City's competitive instincts will be harnessed for a good cause, however. It's a charity bash, with all themoney raised going to St John Ambulance.
Buffett wants the pain shared
Warren Buffett's suggestion yesterday that rich folk like him ought to pay a bit more tax will have won a few brownie points with middle America. Even more likely to win him friends was thecomplaint he made about bank bosses not havingsuffered sufficiently from the travails of their companies. "You should go broke," he said to the bosses of banks who had to be bailed out. "And I think your wife should go broke, too."
Matt Smith is set to join cast of Jane Austen classic - with a twist
Olympic diver has made his modelling debut for Adidas
- 2 Scottish independence: Learn from Quebec's mistakes and beware of promises. Vote Yes.
- 3 'Necrophilia-obsessed' girl among double murder accused in three-way sex case
- 4 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
Thailand beach murders: Thai PM suggests 'attractive' female tourists cannot expect to be safe wearing bikinis
Scottish independence: Final opinion polls show undecided voters could swing result either way
Isis release 'Flames of War' video warning Obama of attacks troops could face in Iraq
Jennifer Lawrence 'naked sex video' will be leaked next, threatens 4Chan celebrity photo hacker
Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Scottish independence referendum: A nation divided against itself
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Portuguese academic says British are 'filthy, violent and drunk'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
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