The First Man in an Investment Bank

  My first night in Paris, I heard a knock on the door. It was the man who conquered France, Caesar’s Ghost. “Hail, dictator,” I said. “Hail, Professor.” “Is it really you? Or is it the ghost of the wild mushrooms in tonight‘s souffle?” “Caesar has indeed arrived.” “What brings you here?” “Caesar wishes to testify on behalf of his …

Diamond in the Rough

On Tuesday, Bob Diamond, the Chief Executive of Barclays Bank, one of the world’s biggest banks, was forced out of his job. He held that position for only 18 months, but he had been at Barclays for 16 years. During those years, Diamond led a revolution. He turned a staid old institution into an investment banking giant, increasing its revenues …