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Banker blows millions on luxury home; CREDIT CRUNCH.

A BANKER has sparked outrage by spending millions on his new luxury home.

Roger Nagioff - retired at just 45 - quit Lehman Brothers seven months before the global investment bank went bust.

Now, as repossessions of homes soar, he is preparing to move his family into a sprawling estate on which he has lavished millions of pounds.

A source said: "Given what's going on in the economy, it's amazing. No expense is spared."

An underground tunnel will link his garage to the home, under which an enlarged cellar will house a swimming pool, hot tub, sauna, steam room and gym, planning docs reveal.

Asked how he felt about the collapse of Lehman Brothers, Mr Nagioff said yesterday: "I really don't want to get drawn into this whole conversation."
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Publication:The Mirror (London, England)
Date:Nov 4, 2008
Words:127
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