
Why Bob Diamond deserves respect — and the cosmic meaning of the Burger King sale
If I say that Bob Diamond richly deserves his promotion to chief executive of Barclays, I do not intend any snide reference to the fact that he is enormously rich. If I say that Bob Diamond richly deserves his promotion to chief executive of Barclays, I do not intend any snide reference to the fact that he is enormously rich. The giant fortune he has amassed in bonuses during 12 years at the helm of Barclays Capital, the group’s investment banking arm, is held against him by his detractors — among them Business Secretary Vince Cable, who once told me he regarded Diamond as ‘the most grievous example’ of City