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Adam Applegarth's New Job

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Andy Hornby - former head of collapsed HBOS now a consultant with the LloydsTSB group, earning 60K-70K a month to retire a millionaire in a years time. Oh no, wait, he's head of Alliance-Boots now as well - he can't retire. Looks like a few more years of earning a few million left...

And now... Mr. Applegarth is back with a new senior advisor role:

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6248948/Adam-Applegarth-Northern-Rocks-former-chief-lands-first-job-since-run-on-the-bank.html

You really, really couldn't make this stuff up.

Wouldn't it be cheaper to pay all wanna-be banking stars a million and confine them to holiday camps somewhere rather than have to suffer £120 billion on the national debt just to get someone his first million?

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