I suspect he'll be the guy who "deleverages" (read downsizes) the balance sheet. By the time they (a) sell the US book, (b) sell the UK book and (c) do the NAMA transfer , Anglo will be a shadow of its former self.

However he will also have to do the day to day interface with the various enquiries that are going on there and deal with the army of lawyers that must be around.

He won't be short of things to do........

Not at all, yes you are right I know nothing about him and I am sure he is a fine fella. I was just pointing out the massive difference in financial services regulation here compared to Australia, which I am sure as CEO of a bank (albeit a state owned bank) he will find interesting.

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"Your guilty conscience may move you to vote Democratic, but deep down you long for a cold-hearted Republican to lower taxes, brutalize criminals, and rule you like a king"
Sideshow Bob

This lad was behind some very questionable investment decisions is aussieland?

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I'm on a temporary, heading towards permanent ban for using dozens of sock puppets

Took me a while to find the connection between Aynsley's previous employer - Asian Development Bank - and Lenny.

I'm guessing he didn't send his CV in but got a phonecall instead. Those kind of hires usually don't rock the boat

Asian Development Bank & Ireland (see page 3)

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“The Green Party is completely opposed to violence and cruelty to animals and as we campaign to take enough seats so that we can have a role in the next government we will do everything in our power to end these cruel activities." - Trevor Sargent 2007


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to have animal cruelty finally banned in Ireland. Yet another Green Party promise reneged on.

What is the man's SALARY?

Where does the man LIVE?

Does the man have 24 HOUR SECURITY as part of the package?

Will the mans job not be 'an orderly wind down' of Anglo?

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€500,000 Max as per Government guidelines. I stand to be corrected though. If I remember correctly, the banks were resisting the limits of pay and sought legal advice. I don't know what the outcame was?

Source:

Bankers ordered to cap salary at €500,000 - National News, Frontpage - Independent.ie

At least he'd be well qualified to cook the books!

It will take years to wind down the alternative is to go buy one of these.

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Sunday Independent will known be known as FFravda

According to today's Tribune (Business Supplement):

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“The Green Party is completely opposed to violence and cruelty to animals and as we campaign to take enough seats so that we can have a role in the next government we will do everything in our power to end these cruel activities." - Trevor Sargent 2007


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to have animal cruelty finally banned in Ireland. Yet another Green Party promise reneged on.