[ad_1]
H.Ollywood has an Oscar, literature has a Booker Prize, and sports has a BBC Sports Personality of the Year. But in the business world, there are few opportunities to recognize the achievements of that celebrity (other than tedious trade awards and the occasional criminal trial). So the Observer’s Business His Agenda His column each year aims to right that wrong. Here are the 2022 industry giant awards:
Matt Hancock Award for Public Service
At the outset of the coronavirus pandemic, millions of Britons expressed their gratitude to those who served public service. reportedly performed 5,000 miles further to China to find NHS protective gear, to be exact.
Of course, Lady Mone’s rewards went a little beyond the weekly applause given to key workers.document reported by Guardian In November it was also revealed that she and her children had just happened to receive £29m from the profits of a PPE company.
Monet took “leave” from the House of Lords to “clear her name” in an as-yet-unspecified way, so it’s unlikely she’ll attend the award ceremony. will probably use a speech to thank her husband, Douglas Barrowman, and his attorney, who seem to play a key role in the PPE Medpro. on behalf of the client.
Bonnie & Clyde Award Best Couple Award
The business world has its fair share of star-crossed enthusiasts, but most of those romantic tales end in what prosecutors called “one of the biggest financial scams in U.S. history.” I got
Technically, when crypto exchange FTX crashed in November, Sam Bankman-Fried and Caroline Ellison were reportedly no longer romantically involved. They were certainly financially involved. The close ties between Bankman-Fried’s FTX and his Alameda Research, an affiliated hedge fund of which Ellison was chief executive, are now the focus of prosecutor scrutiny.
Bankman-Fried was handcuffed and taken away by Bahamian authorities earlier this month. Ellison has agreed to plead guilty to seven counts of his crimes, including wire fraud, securities fraud, and money laundering (together with a maximum sentence of 110 years for him), and is cooperating with investigators. increase. Because there was no more tragic story than this.
Andy Warhol Political Prize
Forget 15 minutes of fame. During the fall, the Conservative Party appeared to be offering her 15 minutes to run the economy to those who wished.
To be fair to Kwasi Kwarteng, he managed a little more than that: he was prime minister for 38 days (the shortest in over a century in the British Treasury for someone who didn’t die in office). reign).
Kwarteng is the obvious winner as it nearly triggered a financial crisis within weeks. But there was another powerful challenge from literally the same office: Nadhim Zahawi, who made an impressive bid for his two-day prime ministership, accepted the job, and resigned the next day to Boris Johnson, who hired him. I told you to However, Johnson was kicked out before he could sack Zahawi, who managed to hold out for 63 days.
Presidents Club Memorial Award
Sexism remains a big problem in business in the UK, but its prevalence can be difficult to grasp. I would like to congratulate the individual shareholders shown in At a conference, one investor, believed to be a member of the Richard Keyes School of Female Psychology, said CEO Amanda Blanc said she should improve returns by “wearing pants.” rice field.
Appreciate: Don’t blame it all on individual investor freaks. With only nine female CEOs on the FTSE 100, it’s clear the board doesn’t realize that 2023 is just around the corner.
golden monopoly board
This gong will be used for the most impressive rent extraction of the year. As always, the energy industry as a whole was the only winner in 2022, as extra points are offered if the product is essential to human life.
Russia’s invasion of Ukraine has sent prices everywhere skyrocketing to extraordinary levels. Massive oil, renewable energy, and nuclear power have all produced what Vladimir Putin might call “murder.”
Oil and gas bosses across the sector have been well rewarded for their fortunes, but one standout was Linda Cook, chief executive of Harbor Energy, the largest operator in the North Sea. . She won a £4.6m ‘Golden Her Halo’ as part of a £6m payout package. Cook is an expert in this art form. In 2010, she received a “golden farewell”, equivalent to her over $30 million in retirement and pension, as alimony after missing out on her best job at Shell.
Highly rated by Bulb Energy boss Hayden Wood. He continued to withdraw his £250,000 taxpayer-funded salary for months after the company went bankrupt at the cost of his £6.5 billion to the government. Great job if you can get it.
free speech award
We honor a commitment to “free speech absolutism” that lasted so long it took Elon Musk to lay off half of his company’s workers.
Musk made a big deal about Twitter’s uneven moderation policy (some of which is justified). But that didn’t stop him from imposing his own contradictions. Journalists who posted links to other sources of that data. A rival social media company. People who post links to other social media companies. Public squares became even more cluttered.
[ad_2]
Source link
