Bankers

Masters of the Universe

Old news from 2007 – 2009.

Readers might not be aware about the rampant greed displayed by the ‘Masters of the Universe’ some have got away with a lottery sized fortunes at the expense of the taxpayer.

Health Warning Alert

Morning Breakfast

Have a stiff drink before you read on. Did you ever wonder why the exchange rates went down the drain?

What happened to your healthy bank account and interest rates on your savings?

Can we blame some of the nit-wits who were in charge of your money? Well some of them are culpable!

If you do start grinding your teeth move onto another section of the blog.

 

Lucky

Fred ‘Lucky’ Goodwin

 

Sir Shred with a £2.1 million annual salary, including a bonus of £814,000 for the takeover.  Read more

 

 

 

Bob ‘Prime’ Diamond

 

Bob Diamond was a top banker he was the president of Barclays. He was asked to justify being paid a thousand times more than an average bank employee. Read More

 

 

 

Tricky Dicky

Multi-billionaire and US squash all-star Dick Fuld, 62, was CEO of Lehman Brothers when it went bust in September 2008. Dubbed the “scariest man on Wall Street.” Read more

 

 

 

Dodgy Eric

 

Aside from pay and the potentially huge bonuses, the bank also provide up to £25,000 to fund Mr Daniels’s tax and financial planning, plus a car allowance of £1,000 a month. Read more

 

 

 

Larry ‘Cod Face’ Fish

 

An American banker has walked away from taxpayer-controlled Royal Bank of Scotland with a £19million pension pot. Read More

 

 

 

 

Fat Cat

 

Peter Cummings, who masterminded many of the stricken bank’s high-profile deals, has left with a pension pot estimated at £10million-plus. Read More

 

 

 

Swaps

 

This one was head of AIG, the insurance giant. Read more

 

 

 

 

 

Dosh

 

It was revealed that the disgraced former boss of Northern Rock received a ‘golden goodbye’ of nearly £900,000. Read more

 

 

 

 

Angelo ‘Sub’ Mozilo

 

During the housing boom, “Sub” reportedly earned $470 million in salary and other income. Read more

 

 

 

 

Fraudster

 

Lawyers for his victims called on authorities to help prevent his wife from holding on to their $823 million fortune. Read more

 

 

 

 

CEO

 

Chief executive Michael Geoghegan will soon have to pass the hat round to shareholders for up to £10billion cash. Read more

 

 

 

Don

 

Taxpayers’ take a 70% stake in Lloyds with new £260bn deal. Read more

 

 

 

 

Stephen ‘Guru’ Green

 

‘With the benefit of hindsight, this is an acquisition we wish we had not undertaken.’ Read more

 

 

 

Dutch

 

The man who led the team advising RBS in spearheading a £50billion takeover of Dutch rival ABN Amro. Read more

 

 

 

 

Wise Guys

 

The accounts also list the pay of non-executive directors. Read more

 

 

 

 

Money bags

 

‘I had a very strong numerate background. I carried out post-doctoral research at an applied mathematics institute in Paris.’ Read more

 

 

 

Capo

Capo

 

A 25-year-old planning to retire at the age of 65 would need to save £3,750 a month to build a pension pot of £10m. Read more

 

 

 

 

Unacceptable Sants

Unacceptable Sants

 

Is thought to have amassed a pension pot worth about £10m at the bank.

The FSA’s chief executive Hector Sants admitted his firm’s performance was ‘unacceptable.’ Read more

 

 

 

Wise Guy Myners

 

He savaged fat cat bankers while lining his pockets. He attacked hedge funds then joined one. Read more

 

 

 

Gagged

 

The risk manager was sacked and subsequently awarded a payout at the industrial tribunal. Read more

 

 

 

Merv

 

Read more

 

 

 

 

 

Keep on working

 

Read More

 

 

 

 

 

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