LORD TURNER KEEPS HEAT ON BANKERS WITH FURTHER ATTACK

… Scream the headlines of Wednesday morning’s papers, on the FSA chairman’s Tuesday night speech at Mansion House.

Unfortunately, given the newspaper practice of pre-writing news (in order to make their print deadlines, reporters are often given a copy of the speech before an event even starts) the broadsheets can have a tendency to miss the small scandals and bits of `colour’ which can really make an event.

And what they missed on Tuesday evening was the below exchange, between Lord Turner and an as-of-yet unidentified mystery man.

Here’s the gist of what happened:

Lord Turner — he can dish it out but can he take it?

For the record, the FSA’s paid bonuses of £19.7m in 2008 — or about 15 per cent of its staff costs.

Related links:
Turner tells wary bankers to refocus on core – FT

This entry was posted by Tracy Alloway on Wednesday, September 23rd, 2009 at 8:37 and is filed under Capital markets, People. Tagged with bankers, bonuses, fsa, lord turner, Mansion House. Edit this entry.