Wednesday, Mar 04, 2009
Tony Gets a Bonus
London Evening Standard: Bonanza for City in firms’ £21 billion chase for cash
"The City is reaping hundreds of millions of pounds from a bonanza of bailouts for Britain's top companies — and demanding higher fees than ever before. The Square Mile, led by JPMorgan Cazenove, has charged fees close to £700 million in return for holding the hands of 11 major companies which have raised £21 billion of new money in just the first two months of 2009, the busiest flood of rights issues in years".
Posted by alan @ 02:52 PM (541 views) Add Comment
2 Comments
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1. Crunchy said...
Tony Gets a Bonus
Yes Tony finds himself in the right place at the right time once again.
It's almost like he has a Guardian Angel at he's side,......... or is that shoulder?
2. mrmickey said...
First boom caused by easy credit the second boom caused by tax payer bail outs, oh to be a banker, goodbye middle classes.