Money Talks: Rock and Roll

  • Story by: Maike Currie
  • Magazine: FinancialAdviser
  • Published Thursday , June 26, 2008

Now that the adjective ‘beleaguered’, which was used ad infinitum during the Northern Rock circus, has been inherited by Bradford & Bingley, and Ron Sandler is talking about giving up his role as executive chairman of the Rock, I thought it a good time to muse over Mr Sandler - the man and the mission.

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After the Rock was nationalised and everyone had their fair chance to dish out their views on what went wrong and why, the only thing the industry had left to whinge about was Mr Sandler’s £90,000 a month payslip.

Why oh why, they asked, would we pay anyone a very decent sum of money to do much needed work, when the norm is basically to reward failure?

To read the rest of the latest Money Talks blog click here.

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