Wednesday, September 22, 2010

The City Diary Things can usually get worse

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It usually keeps removing worse for Andrew Greystoke, the Atlantic Law owner and solicitor.

The Financial Services Authority gave him a hold up anathema from the City last week, and a �200,000 fine, for his purpose in aiding share pedlars to slice off at slightest 130 people in a boiler room scam. Now I sense that the supervisory body, the Solicitors Regulation Authority, has Greystoke in the sights. I dont think he knows it yet, but we are instituting disciplinary record opposite him, says a spokesman. I"d have struck him off by now. The SRA will take the box to the Solicitors Disciplinary Tribunal, definition Greystoke could be criminialized from practising as a solicitor. Greystoke was taken for comment. Surprisingly.

Donations not what they were

Might Michael Spencer, the Icap owner and Tory donor-cum-treasurer, miss out on a peerage? The intelligent income would be on ermine for the likes of [former banker] Sir James Sassoon, [economist] Ruth Lea and [inventor] Sir James Dyson, muses my Tory mole. They will be unequivocally careful. The old days of creation a big concession and afterwards removing a nobility are gone. What is the universe entrance to?

No fume but fire?

When Darren Blackhurst, Asdas arch merchandising officer, give up progressing this month, it was seen as a pointer that he"d already longed for out on apropos the supermarkets subsequent arch executive. So it proved, when it was duly voiced that opposition Andy Clarke was the new boss. Since then, there have been rumours that the span never got along, with stories of sparring circulating. It is positively not true, says a mouthpiece. The report goes turn each right away and again. Thats interesting. If this erring report wouldnt die (even internally), would it be satisfactory to pretence they unequivocally do be vexed each other? Er, er, I dont know their relationship, the mouthpiece stutters, adding: Can I call you back? I"m usually relocating to an additional room. She never does. Odd.

A new unite for Tiger?

In March, with Tiger Woodss corporate backers fleeing, bookmakers Paddy Power and Bodog both came up with the device of charity to unite the golfer. The moves came to zero (much similar to Tigers matrimony to Elin Nordegren). But Bodog is perplexing again, this time with a stipulate that includes a no dignified settlement clause. This equates to the five-year $100m understanding will be celebrated no make a difference what the golfer gets up to a towering total from that I can usually infer dual things: possibly the gambling operator thinks he wouldnt accept; or the awaiting lots some-more marvellous Tiger stories to come out of the woods.

Captain Marvel, please

Close Brothers, the corporate financial boutique, has been renamed DC Advisory Partners after the sale to Daiwa Capital Markets. That switch has annoyed most chortling about how DC is a comics firm, and stirred rivals to provoke the companys switchboard with requests to verbalise to Captain Marvel. Boys, boys.

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