Business Diary: That's rich, coming from Jamie
Friday 09 December 2011
Jamie Dimon, chief executive of JPMorgan Chase, who clearly has a difficult time buying into the theory that bankers should spend all their time apologising, is back on his high horse. At a conference organised by Goldman Sachs – and presumably therefore to a receptive audience – Dimon was scathing about the ongoing protests about the distribution of wealth. "Acting like everyone who's been successful is bad and that everyone who is rich is bad. I just don't get it."
Whoops! NI lets its paywall slip
News International has had plenty on its plate of late, but even so, it's been strangely quiet about how the great paywall adventure is going. Still, maybe the next update on the numbers viewing its sites will be more upbeat. Yesterday the paywall fell over briefly, prompting a headlong rush of visitors curious about what they might be missing because they're too tight-fisted to pay.
Is it a 'Great Day' for the Co-op?
Breaking news: there is a late entry in the race to be Christmas number one. While Gareth Malone's Military Wives Choir looks to have it sewn up, unless Towie or the X Factor can pull off a surprise, don't rule out Peter Marks, chief executive of the Co-operative. He plays drums in Angel Square, a band made up of senior executives at the Co-op, which has just released a cover version of Take That's "Greatest Day". Before you sneer, all proceeds to Mencap.
Occupy moves up in the world
We are indebted to the "reformedbroker" blog for its natty little piece of research on the top 20 financial terms of 2011. We won't publish the full list here. Predictably, Europe came top, and Merkozy was the third most important term of the year. But our eye was caught by the word in second place, Occupy. Truly, global capitalism must be rocking on its heels.
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- 2 Rarest Beanie Baby bought for just £10 at car boot sale could be sold for £62,500 on eBay
- 3 Katie Hopkins and The Sun editor are reported to police for incitement to racial hatred following migrant boat column
- 4 Bruce Forsyth backs assisted dying campaign: 'If I had Alzheimer's or dementia I would do something about it'
- 5 Giorgio Armani criticises the way some gay men dress saying 'a man has to be a man'
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Ukip is the only main political party to not address LGBT rights in its manifesto
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Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
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