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This Week's Wally Of The Week

A 22-year-old Sunderland man recently returned to the UK after a stint in the Army in Iraq. He survived that, and came back in good shape. Then he went to a firework party last weekend.....

No Let Up In Recruitment Frenzy As Firms Still Gear Up

It's not unusual this time of year for firms to take their feet off the recruitment pedal. As year end approaches (and firms like Goldman, Lehman, Morgan Stanley and Bear Stearns close their final fiscal quarter one month sooner than the rest), the focus is usually on profits and bonuses, rather than recruitment. This year it's different. Recruiters will tell you that there has been no discernable slowdown in recruitment activity - across the board.

Barclays, HSBC, Chelsea Clinton, Jamie Dimon, M&A

The Wall Street Journal reports that Barclays Bank has settled its legal spat with Enron's bankruptcy estate. The UK bank will pay $144m to settle (but denied wrongdoing), 'as it was prefereable to the time expense and unpredicability of litigation'. Barclays will still be able to pursue $310m of its own claims against Enron in the bankruptcy proceedings.

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