London bankers fight for justice

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Banking 'outcasts' fight back.

There are no wigs, no gowns, no pomp of royal courts. But for the outcasts of the City of London, there’s a shot at redemption and a bit of money, if not justice.

Bloomberg News reports that inside drab government offices on the Isle of Dogs in east London, and in another building six miles to the west, formerly high-flying traders are battling the giant banks that once showered them with six-figure paychecks.

Paul Carlier is fighting Lloyds Banking Group, Milko Ostendoff is brawling with Barclays, Perry Stimpson is clashing with Citigroup.

All three are representing themselves as they fight to clear their names, or at least vent some anger, in a low-rent system of British justice: employment tribunals. For months, even years, they’ve gathered evidence and studied the law, waiting to interrogate former bosses and, in their eyes, set the record straight.

To access the complete Bloomberg News article hit the link below:

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