Nicola Horlick

Sunday, December 14th, 2008

Born 1960, read law at Oxford, worked for Daddy and then moved into the City of London. She first came to prominence in the media in 1997 when she fell out with her employers Morgan Grenfell, an investment management company for which she is credited for having turned it around in the 90's. Her crime? Well, she was discovered planning to defect to another company and take her team with her (I'd have sacked her arse for the latter but that's another matter.) As you can imagine, the press loved all this. Successful business woman, bring up 5 kids, seemingly picked on by fat cat multinational employer with OMG, a German parent - Deutsche Bank. Great stuff.

She wrote a book and then went off to another company in the same line of business. It successfully managed to underperform the market for three years on the trot. She resurfaces from time to time and rambles on about combining work with raising kids albeit, as she admits, with considerable assistance. She had a little bitch once about getting time off to see her kids' carol concert. So bloody what? If any of my guys asked for that, I just said sure for they worked hard enough at other times. What's the big deal with her?

She was back again last week when it was announced that her latest company, of which she is CEO, has lost £21 million or 9.5% of its assets in the Bernard Madoff debacle. She has ranted on about the failure of American regulators to spot this coming. And a short while ago, she purred with praise in the Financial Times at the returns that Madoff was providing. It's not as though, no one had any warning. Some have been questioning Madoff's returns for ages.

But, as usual, greed prevailed and Lady Horlick is no exception. You'd think with her alleged brain and experience, she might have smelled a rat.

I am tired of hearing about her. Best she buggers off and gives more time to her brats and her clients.