Who's a bad boy then...

FSA has fined David Baker, Northern Rock's deputy chief executive until 2008, £504,000 for doctoring the bank's bad debts, the largest penalty imposed on an individual at a retail bank. Richard Barclay, a credit managing director at the bank who left in March 2010, has also been fined £140,000 for his role in the misreporting. The watchdog's review suggests staff were pressured into achieving a better than average arrears position.