You had to feel a twinge of pity for Lord Stevenson, who was the chairman of HBOS when it went down the khazi in 2008.
Lord Stevenson, former chairman of HBOS, was accused of being "delusional" and living in "cloud cuckoo land" during heated exchanges with peers and MPs about his £735,000 a year role at the bank, which nearly collapsed in 2008.
Hewlett-Packard could be forced into a full disclosure this month of the accounting improprieties it claims to have unearthed at Autonomy, the Cambridge software firm whose value it has slashed in half following a £6.2bn acquisition last year.
Xstrata's chief financial officer is to quit the miner following its takeover by Glencore, becoming the first director to abandon ship after investors failed to approve a gold-plated retention plan as part of the deal.
Facebook (NASDAQ: FB) has a new plan to grow its user base-and mobile revenue-by expanding the reach of its mobile messenger app. Starting Tuesday, anyone with a mobile phone can sign up for Facebook Messenger, using just a name and phone number.
Antitrust regulators at the European Commission and the US Federal Trade Commission should either sue Google or drop their cases against the search giant, its executive chairman Eric Schmidt suggests.
Some you win....
As surely as little boys on sleds follow the first snowfall, the departure of Mary Schapiro as chairman of the Securities and Exchange Commission has occasioned one fawning encomium after another from the press.
Goldman Sachs CEO Lloyd Blankfein and President Gary Cohn have exercised more 10-year-old stock options, boosting their total gains to more than $5m each.
Early demand for beach holidays has kept easyJet on course for increased profits despite French air traffic strikes and a fire at its Rome airport base.
The global Exchange Traded Fund (ETF) industry has overtaken hedge funds, as investors have been lured by the products ultra-low costs and large range of indices.
Palm Mason has been named the Best IT Recruitment firm 2015 by readers of global website HITC.