A Barclays Banker Bets on a ‘Fat Cat’

Has anyone ever wondered what their life would be like if they could just bet thousands and thousands of dollars just on a horse? Well, if you were Rich Ricci, head of the Barclays investment unit does not have to wonder. Besides his awesome alliterated name, he also has plenty of cash.

It must be nice to work for Barclays at a top position, according to this article, over 400 of their employees made over $1.5 million in 2012. There is no doubt that Mr. Ricci has a huge load of cash but to bet thousands of dollars on a horse it is just amazing. I have been to the racetrack and have made bets on horses and I don’t think I will ever know what it would be like to bet over four digits of cash on one race.

If his “Fat Cat” actually wins, he would win up to $100,000 in prize money. Life must be exciting as Rich and being rich.

-Derby Ng

http://dealbook.nytimes.com/2013/03/11/a-barclays-banker-bets-on-a-fat-cat/

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