Ian Wace hesitates. Then he says: "You know, there was my life before the accident and life after the accident." He shakes his head in puzzlement. "The truth is, I don't remember that much before it." For anyone who knows Wace, this is a deeply significant moment... more
For hedge fund star Paul Marshall, the City's richest are still not giving enough back to society. Here he explains his dedication to the schools charity Ark and its role in the recent controversy over a new free school in Wandsworth... more
Comment: Angry football fans are not noted for their politeness, and if the Glazer family could sell Manchester United for £1 billion right now they would be foolish not to. A tall order for fans - but don't forget some of them are very, very rich... more
Secretive, arrogant, reckless. These are some of the nicer things they say about the hedge fund industry. Responsible for bringing the financial system to its knees? You could easily argue that.... more
Aviation: Easyjet founder Stelios Haji-Ioannou is claiming victory in his row with the airline's management after the board said today it was prepared to pare back its expansion plans... more
Finance: Leading British hedge fund executives denied that they have been profiteering from the turmoil inflicted by the world financial crisis on the country's banking system, even while conceding they have a major public relations problem
... more
Investment: There was grave embarrassment as Man Group insiders admitted the firm effectively breached its own standards to invest in and lose $360 million in the Madoff scandal... more
There have been more letters in the Financial Times from hedge-fund managers in the three weeks since the ban on short-selling than in the past five years.
... more
My first reaction on reading of the suggestion by the Policy Exchange think tank that the Government should in effect abandon the North and concentrate on developing London, Oxford and Cambridge, was to laugh. ... more
Gordon Brown's credit crisis meeting with the bankers and financiers was one giant photo-opportunity; an Action Man prime minister being seen to be in charge... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
8°c
