Exec: Ax Teacher for 'Sleazeball' Banker Slam

$25M-a-year banker outraged over comments to son's class
By Rob Quinn,  Newser Staff
Posted Dec 3, 2009 2:36 AM CST
Limousines line up in front of Lehman Brothers headquarters in New York last year.   (AP Photo/Mark Lennihan)

(Newser) – One of Wall Street's highest paid executives is pressing to have his son's teacher axed for insulting the banking world. Hugh McGee, who makes $25 million a year as Barclays' global head of investment banking, says the teacher told his son's 11th-grade history class last year that "all investment bankers were 'sleazeballs' and dishonest," causing his son to tearfully stand up and defend his dad's job.

McGee, who was head of investment banking at Lehman brothers until its collapse last year, slammed the teacher's "leftist invective" in an angry letter to the tony private school, the Telegraph reports. McGee also blames the teacher for leaving his son "upset and humiliated" when she nixed a plan for him and his football teammates to dress up in drag for a pep rally.

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