£100 million bank boss Rich Ricci has been accused of being ‘out of touch’ after entering race horse Fatcatinthehat into the Cheltenham Festival. The Barclays investment banker, who always wears his signature trilby while racing, cashed in £9.7 million of shares bonuses last year, earned £44 million of pay and perks in 2010 and is set to pocket up to £6 million in deferred shares bonuses this year. Labour have accused the 49-year-old of being 'out of touch' with the plight of ordinary, hardworking people after choosing such an insensitive name. Labour MP John Mann said: ‘It's an insult to every taxpayer and small business in the country. And it shows just how out of touch these bankers are.’ [...] Ricci and his wife of 12 years Susannah, 49, have reared 30 horses with champion trainer Willie Mullins, winning £588,125 in prize money this season alone. They have entered a total of eleven horses to the meeting which starts tomorrow. He is famous for his trademark trilby and extroverted choice of tailoring when he appears at the races. Fat cat in the hat won his last race and is 12-1 third favourite to win Wednesday’s Fred Winter Juvenile Hurdle for a £75,000 prize. [DM]
Ex-Barclays Exec Who Went To War Over High School Pep Rally Strikes Out On His Own
Hugh Skip "This is NOT just about a pep rally" McGee III is back.
Former Lehman Trader Still Waiting On His $83 Million Bonus Will Give You The Names And Numbers Of Scores Of Hedge Funds That Would Give Him A Job Right Now, No Questions Asked
He'll give you some choice (secret) recordings of bonus conversations he held with senior executives as well.
Ex-Barclays Director "Knew It Was Wrong" To Pass Inside Info In Exchange For Free Plumbing Work, Did It Anyway
Hey, those toilet snakings don't come cheap!