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March 16, 2010
Diamond’s shining moment amid the crisis
Financial Times
by Justin Baer
The FT profiles Barclays president, Jay-Z fan and Atlantic Yards groundbreaktaker "Diamond" Bob Diamond.
Bob Diamond sat patiently on the dais set on a cluttered construction site last week, as New York’s top civic and community leaders took turns praising the future home of Barclays Center, a sports arena to be built on Brooklyn’s Atlantic Yards.
“It is with great enthusiasm,” bellowed Marty Markowitz, Brooklyn’s loquacious borough president, “that I introduce you to this shining diamond.”
Eighteen months before sharing a stage with rapper Shawn “Jay-Z” Carter and New York mayor Mike Bloomberg, Mr Diamond stood under a different spotlight.
As president of Barclays, Mr Diamond starred in a thrilling chapter of the financial crisis: the UK bank’s frantic takeover of Lehman Brothers’ US securities business.
Posted by eric at March 16, 2010 10:19 AM