By James Mackintosh, investment editor
Arise, Mr Fred Goodwin. The banker who single-handedly brought down the British banking system has had his knighthood stripped away, and no one is sorry. Politicians, the public and the press are united in supporting the move against the former chief executive of Royal Bank of Scotland.
By James Mackintosh, the FT’s investment editor
It would be prudent to pause before taking advice from a man who was gaoled and his business empire broken up.
Still, (Lord) Conrad Black, former owner of the Hollinger International media group, which owned London’s Daily Telegraph and the Jerusalem Post, among other papers, has plenty of advice to offer to other newspaper proprietors. He was in garrulous form on Tuesday, pausing from his assault on the way in which US papers have been run only to attack the journalists who write them.
Dubai announced a restructuring proposal for troubled conglomerate Dubai World on Thursday, including a commitment to pump $9.5bn into the company and Nakheel, its development arm. Watch the Lex/Bloomberg video below.
| About this blog | Blog guide |
John Gapper is an associate editor and the chief business commentator of the FT.
He has worked for the FT since 1987, covering labour relations, banking and the media. He is co-author, with Nicholas Denton, of All That Glitters, an account of the collapse of Barings in 1995.
Andrew Hill is an associate editor and the management editor of the FT. He is a former City editor, financial editor, comment and analysis editor, New York bureau chief, foreign news editor and correspondent in Brussels and Milan.
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johngapper: @normative b/c playing whack-a-mole with copyright infringement fomented by tech companies that profit from it is costly and frustrating?
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andrewtghill: @Smoov_C Belated thanks, Carl - good to meet you all. I enjoyed the day - and my first visit to Iowa.
andrewtghill: Ariba, sold yesterday to SAP, was once a dotcom IPO rocket - up 291% on its first day of trading. My blog post: http://t.co/sfVCu2MB
andrewtghill: HP casualties include Autonomy founder - Mike Lynch defenestrated - so soon after selling his baby that must hurt http://t.co/IEDjf4bw
