Diamond’s heir apparent opens up on bail-outs

Toby Fildes, EuroWeek’s managing editor, met Barclays Capital’s president Jerry del Missier last month and asked him why it is so important for Barclays to steer clear of government bail-out money, whether it is fair for a bank like Barclays that has so far avoided huge writedowns to be subjected to increased regulation and if buying Lehman’s US business was a good deal but at the wrong time.