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June 16, 2008

Bob Diamond & The Mayor's Fund

Barclays bank is borrowing to grow:

"Despite the difficulty in the capital markets, the bank’s investment-banking arm, headed by Bob Diamond, has been a strong profit generator. There is much interest in how Diamond is going to grow the business in America, where he will now spend most of his time. Diamond was one of the main supporters of Boris Johnson in his campaign to be mayor of London but he does not intend to have any further role with Johnson’s office."

So where does that leave the Mayor's Fund and Ray Lewis (see question 6)?

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