Watchdog Lifts Lid on Shadowy Bank Umbrella Body UKFI
'A parliamentary watchdog lifted the lid yesterday on the shadowy government organisation that will manage taxpayer-owned stakes in British banks.Glen Moreno, UKFI's acting chairman, who is also the chairman of Pearson, the media business, said: "This company operates in a room smaller than a bank chief executive's office. Its chief executive makes less - if the press is to believed - than John Thain's [former chairman of investment bank Merrill Lynch] chauffeur did last year".'
Glen Moreno, Chairman of Pearsons with links to David Bell of the FT, Pearsons and 'Common Purpose'
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