Brian Griffiths, Baron Griffiths of Fforestfach
Raised to the peerage as Baron Griffiths, of Fforestfach in the County of West Glamorgan in 1991.
Lord Griffiths, vice-chairman of Goldman Sachs International and a former adviser to Baroness Thatcher, said he was “not ashamed” of the bank’s compensation plans. He also said the issue of banking compensation should not be thought about solely from a short-term perspective. He defended the bank’s bonuses, Griffiths said the general public should “tolerate the inequality as a way to achieve greater prosperity for all”, saying also that “we should not ... be ashamed of offering compensation in an internationally competitive market which ensures the bank businesses here and employs British people”.
Lords Select Committees: Member of European Union, Sub-Committee F (Social Affairs, Education and Home Affairs) 1999-2003, Religious Offences Committee 2002-03.
Party groups: Chairman, Centre for Policy Studies 1991-2001; Member, board of directors Conservative Christian Fellowship 2000-02.
- "Nature in Art - Trust". Nature in Art Trust. Retrieved 23 March 2010.
- Goldman Sachs vice-chairman says: 'Learn to tolerate inequality'
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