Andy Hornby Heads Back To Retail With Boots Chief Exec Job

Andy Hornby, the boyish ex-chief exec of HBOS who has the air of a man who never quite got over a toilet-based bullying incident in…

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Posted by Ben Beaumont-Thomas in Hot Money | June 8, 2009 10:41AM | No Comments »

Victor Blank Steps Down, But What Will His Legacy Be?

For a departing chairman, like Victor Blank who left Lloyds at the weekend, there can be no more depressing sign than your former company’s share…

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Posted by Ben Beaumont-Thomas in Hot Money | May 19, 2009 11:52AM | 1 Comment »

Is Barclays Selling Off iShares Really A Good Idea?

Barclays are once again putting up a good fight against the tentacles of part-nationalisation. Previously we saw how they used the diplomatic dream team of…

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Posted by Ben Beaumont-Thomas in Hot Money | March 17, 2009 12:11PM | No Comments »

Short Selling Bans Deemed “Worthless” As Lansdowne, Paulson Make Massive Profits

Short selling, the practice of betting on a fall in the share price of a company, was banned as Lehman fell back in September, and…

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Posted by Ben Beaumont-Thomas in Hot Money | March 11, 2009 1:22PM | 1 Comment »

HBOS, RBS Banking Chiefs Say ‘Sorry’ to the Treasury Committee

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Posted by James Nash in Hot Money | February 11, 2009 12:30PM | No Comments »

Paul Moore Had His Whistle Silenced, But Now He’s Blowing It Again

Much of yesterday’s Treasury Select Committee meeting was devoted to chat about the FSA, in particular the sacking of HBOS group risk manager…

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Posted by Ben Beaumont-Thomas in Hot Money | February 11, 2009 11:52AM | No Comments »

Goodwin, Hornby, Stevenson And McKillop All Get Off Scot Free From Treasury Select Committee

Fred Goodwin has just received his own shredding at the hands of the Treasury Select Committee, along with Andy Hornby, Lord Stevenson and Sir Tom…

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Posted by Ben Beaumont-Thomas in Hot Money | February 10, 2009 3:33PM | 1 Comment »

Robert Peston Fights Treasury Committee With Quality Journalism, Endless Vowels

Robert Peston, journalist extraordinaire and credit-crunch hunk o’ burnin’ love, met the Treasury Select Committee to answer questions over allegations he damaged the…

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Posted by Ben Beaumont-Thomas in Hot Money | February 5, 2009 3:06PM | 1 Comment »

Alistair Darling Tries to Steer Economy Between Public Anger and Shareholder Revolt

Predictably, everyone’s in a right tizz about Alistair Darling’s new bailout package, mostly the bit about insuring against toxic assets, and the lack…

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Posted by Ben Beaumont-Thomas in Hot Money | January 20, 2009 3:34PM | No Comments »

The Top Five Crassest Parties Since The Financial Crisis Began

The Christmas party season, the time when executives lavish canapes, booze, and anonymous dark corners on their underlings to help them forget about the vast amounts…

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Posted by Ben Beaumont-Thomas in Hot Money | December 23, 2008 11:38AM | 2 Comments »

As Lloyds Shareholders Vote On Merger, Where Are The ‘HBOS Banking Knights’ Sir Peter & Sir George?

Lloyds shareholders will vote on the HBOS merger (read takeover) in Glasgow today, but strangely there has been no comment so far from our ‘banking…

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Posted by Jonty Rhodes in Hot Money | November 19, 2008 11:48AM | 2 Comments »

Say Goodbye to Low Hanging Fruit as US Bailout Hits the Wall

It was bound to happen eventually – the US bailout plan, following another massive hit from black-hole insurer AIG (who requested another $40 billion from…

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Posted by Daniel Stacey in Hot Money | November 12, 2008 10:59AM | No Comments »