Gordon Brown appeared to have failed in his attempt to gauge Wall Street's feelings on the thorny issue of bonuses and capital levels ahead of the G20 after he was unable to attract any heavyweight bankers to a specially convened meeting in New York, according to The Telegraph.
Although invitations to a number of Wall Street's biggest banks are known to have been sent, only one senior US banker, 52-year Citigroup veteran Bill Rhodes - who stepped down as chairman of Citigroup North America in July but remains on its board - attended yesterday's economic roundtable. That compares poorly to the two previous such meetings the Prime Minister has hosted in the city during the credit crisis, when big names including star hedge fund manager George Soros and JP Morgan Chase chairman Jamie Dimon showed up. Instead, the meeting largely drew US representatives of British-...
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