McCreevy - "real-life Gordon Gekko"

[ixus]

McCreevy quits investment firm after conflict of interest ruling

FORMER Finance Minister Charlie McCreevy stepped down from the board of a British investment firm yesterday after a Brussels committee found a conflict of interest with his previouswork as EU commissioner in charge of financial regulation.

The former Fianna Fail TD is the first former commissioner to be warned off a new post.

Mr McCreevy joined the board of NBNK Investments as a non-executive director in July with an initial salary of €61,000 a year. This was to double to €122,000 if NBNK completed a major acquisition.

His decision to take the post prompted Labour Party MEP Nessa Childers to dub him the “real-life Gordon Gekko”, a reference to the avaricious corporate raider from 1980s blockbuster ‘Wall Street’.

Mr McCreevy was told in August the EU’s ethics committee found the new post conflicted with an oath he had taken as the bloc’s financial services chief, a position he held for five years until February…

[yoganmahew]

Come on Europe,
Come on Europe,
Come on Europe.
We love you Europe, we do…

[DeflationIsGood]

McGreedy is scum.

[grumpy]

What a moronic comparison.

[jonny]

Yeah, its a tad harsh on scumbags everywhere.