Maurice Watkins

Discussion in 'Bulletin Board ARCHIVE' started by Brian Mahoneys Waist, May 30, 2013.

Page 4 of 5
  1. Mrs

    MrsHallsToffeerolls Well-Known Member

    Joined:
    Oct 28, 2007
    Messages:
    27,285
    Likes Received:
    5,840
    Trophy Points:
    113
    Home Page:
    Style:
    Barnsley (full width)
    in charge of the Ferrero Roche.
     
    MrsHallsToffeerolls, May 30, 2013
    #61
  2. Gordon Owen

    Gordon Owen Well-Known Member

    Joined:
    Jan 8, 2009
    Messages:
    21,472
    Likes Received:
    11,554
    Trophy Points:
    113
    Gender:
    Male
    Location:
    Tarn, sithi
    Style:
    Barnsley (full width)
    Maurice has got some filing for him, then he's off to B&Q for some tartan paint.
     
    Gordon Owen, May 30, 2013
    #62
  3. roy

    roytheboy Member

    Joined:
    Aug 28, 2012
    Messages:
    374
    Likes Received:
    0
    Trophy Points:
    16
    Style:
    Barnsley (full width)
    Wow! That's fantastic news. Bring on the 10000 and more. Might also stop the knockers knocking on the "they don't know what they're doing" door.
    Wow. Great CV and a real asset if true. CMAAHN.
     
    roytheboy, May 30, 2013
    #63
  4. cam

    cambstyke Well-Known Member

    Joined:
    Dec 1, 2012
    Messages:
    1,441
    Likes Received:
    197
    Trophy Points:
    63
    Location:
    Cambridge
    Style:
    Barnsley (full width)
    I hope this is true, and more importantly Maurice Watkins takes a "hands-on" approach to being Chairman of BFC.

    Some years ago my immediate boss was Lord Ashburton, also called Sir John Baring. He was Chairman of several companies, including Barings Bank and also BP - yes, one of the largest multinational companies in the world.

    Having lunch sitting next to him, I asked him how he managed to combine all his various posts, and he replied that his work as Chairman of BP took just ONE day a week of his time!! Sadly, Barings went bust in the 1990's and he lost his life peerage at the same time. He was a really nice chap though, and he was Chairman of a charity for whom I worked.

    Sorry, waffle over!
     
    cambstyke, May 30, 2013
    #64
  5. Whi

    Whitey Guest

    Was that the Leeson thing?
     
    Whitey, May 30, 2013
    #65
  6. cam

    cambstyke Well-Known Member

    Joined:
    Dec 1, 2012
    Messages:
    1,441
    Likes Received:
    197
    Trophy Points:
    63
    Location:
    Cambridge
    Style:
    Barnsley (full width)
    Yes, Whitey.

    I worked for an educational charity providing free courses for 16 year olds at our centre, and the charity was the largest ordinary shareholder in Barings Bank. We lost shares to the value of £800 million when Barings went bust.
     
    cambstyke, May 30, 2013
    #66
  7. Fli

    FlickersSack New Member

    Joined:
    Mar 11, 2013
    Messages:
    791
    Likes Received:
    0
    Trophy Points:
    0
    Sounds a large charity to say the least.
     
    FlickersSack, May 30, 2013
    #67
  8. Whi

    Whitey Guest

    Wow.

    What ever happened to Leeson?
     
    Whitey, May 30, 2013
    #68
  9. DEETEE

    DEETEE Well-Known Member

    Joined:
    Aug 8, 2011
    Messages:
    10,230
    Likes Received:
    2,188
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Wasn't the BP one given to him due to the fact he is a lord?
     
    DEETEE, May 30, 2013
    #69
  10. cam

    cambstyke Well-Known Member

    Joined:
    Dec 1, 2012
    Messages:
    1,441
    Likes Received:
    197
    Trophy Points:
    63
    Location:
    Cambridge
    Style:
    Barnsley (full width)
    It could well have been, DT. I just thought he was given/appointed as Chairman of BP because of his ability, financial acumen and contacts!
     
    cambstyke, May 30, 2013
    #70
  11. cam

    cambstyke Well-Known Member

    Joined:
    Dec 1, 2012
    Messages:
    1,441
    Likes Received:
    197
    Trophy Points:
    63
    Location:
    Cambridge
    Style:
    Barnsley (full width)
    The charity was The Baring Foundation, which still exists, and gives grants to social projects in poorer parts of the UK and the world (especially Africa). Maybe they'll accept an application from BFC!!!
     
    cambstyke, May 30, 2013
    #71
  12. DEETEE

    DEETEE Well-Known Member

    Joined:
    Aug 8, 2011
    Messages:
    10,230
    Likes Received:
    2,188
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    That's along the lines of what I read.

    Strangely enough I have leesons number at work.
     
    DEETEE, May 30, 2013
    #72
  13. cam

    cambstyke Well-Known Member

    Joined:
    Dec 1, 2012
    Messages:
    1,441
    Likes Received:
    197
    Trophy Points:
    63
    Location:
    Cambridge
    Style:
    Barnsley (full width)
    Received a jail sentence, and then got bowel cancer. Was released from prison and I think is an after-dinner speaker!!

    I could never bring myself to watch the film about him.
     
    cambstyke, May 30, 2013
    #73
  14. cam

    cambstyke Well-Known Member

    Joined:
    Dec 1, 2012
    Messages:
    1,441
    Likes Received:
    197
    Trophy Points:
    63
    Location:
    Cambridge
    Style:
    Barnsley (full width)
    Why would you have Leeson's number at work? He did seem to be made the scapegoat when his line managers got off scot free.
     
    cambstyke, May 30, 2013
    #74
  15. DEETEE

    DEETEE Well-Known Member

    Joined:
    Aug 8, 2011
    Messages:
    10,230
    Likes Received:
    2,188
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Came across him in my job.

    Lives in Galway and is still involved to some extent in the shares and commodities game.
     
    DEETEE, May 30, 2013
    #75
  16. jedstar

    jedstar Well-Known Member

    Joined:
    Aug 19, 2012
    Messages:
    6,698
    Likes Received:
    137
    Trophy Points:
    63
    Location:
    Ardsley
    Style:
    Barnsley (full width)
    I only know about Nick Leeson from bits I've read over the years but the impression I got is that he did what he did to try and recover the banks losses that he attributed to...in doing so it got wildly out of control and rather than recoup money he lost more and more...he wasn't trying to gain personally. Or have I missed something?
     
    jedstar, May 30, 2013
    #76
  17. cam

    cambstyke Well-Known Member

    Joined:
    Dec 1, 2012
    Messages:
    1,441
    Likes Received:
    197
    Trophy Points:
    63
    Location:
    Cambridge
    Style:
    Barnsley (full width)
    That's interesting, DT. Thanks.

    Despite what he did to Barings etc (and to the charity I worked for, which ultimately led to me leaving their employment after 17 years), I felt some sympathy for him. He got bowel cancer and his wife left him.
     
    cambstyke, May 30, 2013
    #77
  18. cam

    cambstyke Well-Known Member

    Joined:
    Dec 1, 2012
    Messages:
    1,441
    Likes Received:
    197
    Trophy Points:
    63
    Location:
    Cambridge
    Style:
    Barnsley (full width)
    Yes, I think you're right Jedstar. Some parties thought he had/has a private stash of money somewhere, but I never believed that.

    Wow, didn't think my post about Barings would arouse so much interest!
     
    cambstyke, May 30, 2013
    #78
  19. jedstar

    jedstar Well-Known Member

    Joined:
    Aug 19, 2012
    Messages:
    6,698
    Likes Received:
    137
    Trophy Points:
    63
    Location:
    Ardsley
    Style:
    Barnsley (full width)
    I've always been quite fascinated by it...people use Nick Leeson's name as a synonym for fraudulent and dodgy business practices but I don't think he was the criminal everyone makes out, it was a unique situation and I reckon most people would have reacted in the same way. I suppose he could have just held his hands up well before it go so bad though, he would have lost his job but the bank would have recovered.
     
    jedstar, May 30, 2013
    #79
  20. jedstar

    jedstar Well-Known Member

    Joined:
    Aug 19, 2012
    Messages:
    6,698
    Likes Received:
    137
    Trophy Points:
    63
    Location:
    Ardsley
    Style:
    Barnsley (full width)
    I did question how much time Mr Watkins could apportion to Barnsley given that people of his ilk are often involved with so many other companies, these are his current appointments:

    BRITISH ASSOCIATION FOR SPORT AND LAW LIMITED Active - Accounts Filed Director 31/12/2003 -
    THE GREYHOUND BOARD OF GREAT BRITAIN LIMITED Active - Accounts Filed Director 04/11/2008 -
    RFL (GOVERNING BODY) LIMITED Active - Accounts Filed Director 02/06/2006 -
    THE RUGBY FOOTBALL LEAGUE LIMITED Active - Accounts Filed Director 01/01/2005 -
    NEONRAIN LIMITED Active - Newly Incorporated Director 06/07/2012 -
    BRABNERS CHAFFE STREET LLP Active - Accounts Filed LLP Member 01/05/2006 -

    What do we reckon?
     
    jedstar, May 30, 2013
    #80
Page 4 of 5

Share This Page