Martin Vander Weyer Martin Vander Weyer

The City warmed to David Laws because he knew how to play the bonus game

Martin Vander Weyer's Any Other Business

issue 05 June 2010

Martin Vander Weyer’s Any Other Business

‘Does anyone remember David Laws?’ a former City colleague asked me during the brief interlude between the Lib Dem MP’s debut as financial secretary last Monday and his descent into hell on Friday. Judging by the sketchy accounts of his banking career in the weekend papers, with their references to a ‘billion-dollar gamble’ that made him a ‘multimillionaire’, few journalists bothered to track down City sources who really knew him in those days.

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