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Lunchtime Links: Someone is making 50k a year bringing fake age discrimination claims

It doesn't concern banks specifically, but it could easily apply to them. According to The Telegraph, Essex-based lawyer Gordon Turner has unearthed a serial age discrimination litigant who appears to be earning up to 50k a year bringing claims.

Turner, who also runs the website www.serial-litigants.com , says individuals such as this are receiving settlements of 500-2,000 from employers who want to get them off their backs. "This guy simply types 'recent graduate' into Google and brings claims against a few of the companies advertising jobs with this wording," Turner tells us. "It's a brilliant business model - he creates a disproportionate nuisance of himself and then offers an easy way out."

To avoid such litigants, Turner advises banks and recruitment firms advertising for "recent graduates" to append the words 'of any age' to their advertisement text.

Blankfein wishes his people would "enjoy more time off." (BusinessToday)

Head of Greenhill's London office made $22m selling shares last week. (Financial News)

The Alternative Investment Management Association is paying Finsbury €1m a year to represent its interests to the EU. (The Times)

JC Flowers has hired Callum McCarthy. (FT)

Morgan Stanley has hired in anticipation of a resurgence in securitization. (Bloomberg)

Standard Chartered hires new head of emerging market bonds from Calyon. (FinancialNews)

Morgan Stanley and Credit Suisse are recruiting in the Middle East. (Wall Street Journal)

Bonuses are disappearing in name only. (Reuters)

Nearly all of the world's big banks lack sufficient capital to cover trading and investment exposure. (Telegraph)

Goldman Sachs should change its name. (The Atlantic)

Invest your bonus in carbon offsets. (Economist)

Stifling anger at work can kill. (Reuters)

Man living in cave has (crazy) website on living without money. (Living without money)

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