Newspaper article The Evening Standard (London, England)

Cityspy

Newspaper article The Evening Standard (London, England)

Cityspy

Article excerpt

A GLIMPSE into the other world that is Goldman Sachs comes from Tony De-Laurey, husband of Joyti, the former secretary jailed for stealing from her bosses at the investment bank. Tony remembers how Jennifer Moses, the Goldman managing director for whom she worked, would be on the phone constantly, asking Jot to do this, do that.

"Once, Jen even rang from a hotel room in Hong Kong to get Jot to sort out her air-conditioning."

* FOOD for thought for Goldman.

De-Laurey was sentenced to seven years for embezzling from her employers.

She recalls how, on her way to court each day during the trial, she was applauded by people on the Tube and after being convicted she received over 700 letters of support...

* FURTHER proof that the public has a funny attitude to financial scandal: rogue trader Nick Leeson earns [pounds sterling]80,000 a year from after-dinner speaking, charging [pounds sterling]5000 a time.

* THE hedge fund industry is not yet dead, judging by the performance of Marathon Asset Management last year. The secretive fund, run by train buff and Hornby investor, Jeremy Hosking, turned in a mouth-watering [pounds sterling]40 million profit on [pounds sterling]52 million turnover.

Some [pounds sterling]36 million was paid out in dividends - mostly, it is assumed, to Hosking and his two cofounders, Bill Arah and Neil Ostrer.

* THE forensic group at the Institute of Chartered Accountants in England and Wales has issued a tip sheet to members on how to take a lawyer out to lunch.

First step is: "Book a table. They might just have a function on that day." Second is: "Reconfirm on the morning of the lunch with the solicitor's secretary."

Third: "Meeting at the solicitor's premises and travelling to the restaurant in your own car or a taxi means you have a captive audience for longer."

There's more, much more. The final word is: "Have fun. That way, you come across better to the solicitor-" For once, City Spy really is lost for words. …

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