Page 1377 


Diageo paid former boss £15m in his final year


Paul Walsh, the former boss of drinks company Diageo, is to be paid £80,000 a year to continue to represent his former employer in the Scotch whisky industry after receiving almost £15m in cash and long-term bonuses from the company in its most recent financial year.

London Whale boss's prestigious pad appears empty

Beached Whale

Javier Martin-Artajo, the former JPMorgan executive reported to be under threat of arrest over the "London Whale" trading losses, escaped the City to a prestigious country address - which appeared empty on Monday.

Ponzi-schemer turns over Warhols, Hockneys

The Art At Tramshed

Convicted Ponzi schemer Marc Dreier is being forced to turn over pieces of his multimillion-dollar art collection, including works by Andy Warhol, Mark Rothko, Roy Lichtenstein and Damien Hirst, to one of his victims, the office of the U.S. Attorney for the Southern District of New York said Monday.