Showing posts with label Des Pallieres. Show all posts
Showing posts with label Des Pallieres. Show all posts

Thursday, August 23, 2007

someone with too much to even care much

It emerged that a 39-year-old hedge-fund tycoon took three months to collect his £80,000 Maserati Cambiocorsa after it was towed away for not having a valid tax disc.

Despite repeated calls from the DVLA to reach him Mr Des Pallieres said that he was "too busy" setting up a new business to fetch his car. " ..I only ever use the car in the summer and this summer I have hardly been in London."

Mr Des Pallieres left Deutsche Bank with two colleagues in April to set up his own company, the SPQR hedge fund. Now worth £170 million, his fund manages investments in debt markets. Yesterday, he claimed that the stress and workload involved in setting up his own firm were to blame for his forgetfulness.

Uh-huh , and i wonder how many of us could let our £80,000 car slip our mind - if of course we had such a car , in the first place .