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BBC Said Doing A Barclays 'Bob Job', Hedge Fund Trio Sit On $220m Loss, Occupy Protesters Chain Themselves Up

posted: 7 months ago

Iron Bob

Poor old Bob Diamond, the banking CEO some people love to hate.

The Telegraph reports that just as he’s getting used to a new, quieter life with a teaching gig in America, news comes to Dashwood that the BBC’s Panorama is sniffing around his record at Barclays.

In the meantime, The Financial Times reports that three principals of hedge fund GLG Partners are sitting on a $220m paper loss two years on from their firm’s acquisition by Man Group in the industry’s biggest merger.

Monday will mark the first time that Pierre Lagrange, Emmanuel Roman and Noam Gottesman, who swapped their stakes in GLG for shares in Man on October 14 2010, will be able to dispose of their holdings, if they choose.

Finally, Reuters reports that four women chained themselves to the pulpit in St Paul's Cathedral on Sunday in support of the anti-corporate Occupy London movement, before cutting themselves free after being threatened with arrest, London police said.

The women from the Occupy London and Christianity Uncut movements said their four-hour protest was also a show of support for the Russian punk band Pussy Riot.

Poor old Bob – now the BBC’s going after him

Occupy London stage protest inside St Paul's

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