An assassination attempt plunged Larry Speakes into the brightest of national spotlights as chief spokesman for President Ronald Reagan. When Reagan’s press secretary James Brady was severely wounded in the 1981 attempt on the president’s life, Speakes was thrust into the eye of the storm. As White House spokesman for six years, a long tenure in the sensitive post, he was credited with 2,000 news media briefings.
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Saturday 26 December 2009
He's come a long way since he baked cakes with his granny in Wales and took a Saturday job at a local butcher, but Daniel Cox never doubted that he would become a chef. Until now, you could be forgiven for not having heard of him. Any chef who rises, as he did, through the ranks of the contract-catering industry (in his case, cooking for top executives at UBS and Merrill Lynch) will struggle to catch the eye of the public. But all that will change in the next few weeks, when the 28-year-old chef opens the doors of his new restaurant in the centre of London. Cox will be head chef at Roux in Parliament Square, located in beautiful Grade II-listed premises with views over the Houses of Parliament, in partnership with the owner Michel Roux. Roux is a loyal supporter of the young chef; Cox made three attempts to win the prestigious Roux Scholarship, before he finally succeeded in 2008.
Sunday 25 October 2009
Tuesday 22 September 2009
Bank of America is paying the US government $425m (£262m) to scrap a key provision of its bailout arrangements, the latest major bank to return cash to taxpayers. The payment marks the end of a $118bn guarantee which the US Treasury signed with BofA in January, when losses from its investment banking subsidiary Merrill Lynch threatened to bankrupt the whole company.
Wednesday 02 September 2009
Bank of America, the bailed-out US bank which bought Merrill Lynch at the height of last year's financial panic, is trying to rid itself of curbs on executive bonuses by repaying some of the government money it received to stabilise its finances.
Friday 10 July 2009
Citigroup shook up its management yesterday, replacing its finance chief and installing a new head of banking. It comes as the embattled bank prepares to hand the US government a 34 per cent stake in the company.
Thursday 11 June 2009
Ken Lewis, chief executive of Bank of America, is on Capitol Hill for another beating-up over the acquisition of Merrill Lynch last year, and the controversial events of last December, when he considered trying to get out of the deal.
Thursday 30 April 2009
Friday 03 April 2009
Friday 06 March 2009
Merrill Lynch discovered a trading "irregularity" during a recent investigation of the troubled investment bank's London trading positions, the company said today.
Saturday 21 February 2009
Ken Lewis, the chief executive of Bank of America, has been subpoenaed in a New York state investigation into whether the company misled investors about its takeover of Merrill Lynch last year.
Tuesday 27 January 2009
John Thain, ousted boss of Merrill Lynch, has begun an attempt to repair his tattered reputation, saying he will reimburse the $1.2m that the company spent to redecorate his office last year.
Friday 23 January 2009
Friday 23 January 2009
Outlook Have they no shame? The one-time golden boy of Goldman Sachs, John Thain, may be a dab hand at personal enrichment, but in other respects he seems to be stupid beyond belief.
Friday 09 January 2009
The FTSE 100 was down 28.17 points at 4477.2 while the FTSE 250 eased to 6687.48, down 4.77 points, at 11.53am.
Sunday 14 December 2008
Advisers to the FTSE 250-listed Imperial Energy have targeted 60 -to 65 key shareholders to push through its £1.2bn sale to India's state-owned Oil and Natural Gas Corporation (ONGC) before the new year.
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
Archbishop of Canterbury admits doubts about existence of God
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