Busy busy busy
As I'm sure you can well imagine, I'm a man with a
pretty full diary - at least between the hours of 11am and
whenever they finally persuade me to leave (shutting the bar
normally works, I must admit). But at least my schedule is
worked out well in advance. In fact, I think it would probably
be fair to say that it's been set in stone for a good number of
years now. Not so, however, for IPE's Richard Ward, who seems
to have got plenty busy in an awful hurry last week. So much
so, in fact, that he even had to cancel, "for the foreseeable
future," the once in a lifetime opportunity of a feature
interview on these very pages. Unavoidable, perhaps, but it
does set inquisitive minds racing: what can possibly have
changed so fast that a planned conversation not only has to be
delayed but suddenly becomes an impossibility? Put that
together with the presence in London of Nymex chairman Mitchell
Steinhause and the conspiracy theorists will be making
predictable leaps of logic: have Nymex found a location for
their London trading pit, or are they even back on the takeover
trail? Maybe. However, another thought presents itself: Ward's
other hat is of course that of a director of LCH Clearnet (and
to think I was pleased with myself when I swiped that
policeman's helmet), and the clearinghouse must have some
tricky issues to deal with as a result of the likely LSE
takeover. One can only hope that with their rivals from New
York now on European turf, IPE's dynamic boss can keep all
those balls in the air.
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