City Insider

Summary


Where did all the money go?

ONE OF the most disturbing aspects of the Equitable Life imbroglio is the home of former chief executive and fat cat Roy Ranson. As you can see from my picture, it is not an imposing residence. Such bungalows can be fetched for relatively small sums so where, I wonder, can he have invested that Pounds 314,000 salary? Not in property. Benny Hill had a similar taste for slumming it despite his millions - but at least he was funny.

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Extract


City Insider

Quick trip to the final frontier

EQUITABLE Life investors nursing their losses may take some d...

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