Tuesday, September 7, 2010

Bob Diamond tipped for Barclay's top job!

So Bob Diamond (here on the left) gets to run the show at Barclays. He's been the chief bottlewasher at Barclays Capital which is an investment bank of sorts. No more merchant banks. If Marco Polo had come looking for a loan, he'd have all his sails done over in a Polo mint livery for starters. Barclays is not flavour of the month as far as the Coalition is concerned.

But HSBC is! The new Trade Minister is none other than the Rev.Stephen Green, Anglican priest (Non Stipendiary Minister, that is!) and CEO of all he surveys at the world's local bank. He will join Vince Cable as a government trade minister, presumably as a Non Stipendiary one. This means he will enter the Lords as a reverend lord sitting not that far from the right reverend prelates. It will be interesting to see who gets in first when it comes to the problems that Mammon is causing this government.

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