Hmmm interesting that a hedge fund managed by a certain Michael Hintze has given £660,000 to the Tories Guess how he and other hedge fund donors to the Tories made their money?
Betting on the collapse of companies, Bradford & Bingley being one of them.
In fact search for 'hedge fund tories' you'll be amazed and disgusted, well possibly.
Originally posted by Deviant_Dread: Hmmm interesting that a hedge fund managed by a certain Michael Hintze has given £660,000 to the Tories Guess how he and other hedge fund donors to the Tories made their money?
Betting on the collapse of companies, Bradford & Bingley being one of them.
In fact search for 'hedge fund tories' you'll be amazed and disgusted, well possibly.
Originally posted by Deviant_Dread: Hmmm interesting that a hedge fund managed by a certain Michael Hintze has given £660,000 to the Tories Guess how he and other hedge fund donors to the Tories made their money?
Betting on the collapse of companies, Bradford & Bingley being one of them.
In fact search for 'hedge fund tories' you'll be amazed and disgusted, well possibly.
Just the Conservatives then?
Didn't say it was, just pointing out that there's a lot of snouts in the trough, but feel free to search for 'hedge fund NuLab'
Originally posted by Deviant_Dread: Hmmm interesting that a hedge fund managed by a certain Michael Hintze has given £660,000 to the Tories Guess how he and other hedge fund donors to the Tories made their money?
Betting on the collapse of companies, Bradford & Bingley being one of them.
In fact search for 'hedge fund tories' you'll be amazed and disgusted, well possibly.
Just the Conservatives then?
Didn't say it was, just pointing out that there's a lot of snouts in the trough, but feel free to search for 'hedge fund NuLab'
Oh, that's easy, old son. 'Take for example the shocking case of Paul Myners, chairman of the impeccably Left-wing Guardian newspaper...
One of Gordon Brown's biggest cronies, Mynes paid £12,700 towards his leadership campaign and has carried out two reviews of City culture on behalf of the Prime Minister. Myners is also a director of GLG, the hedge fund with the biggest short position of all in Bradford & Bingley. GLG can look forward to giant profits, having sold short tens of millions of shares in the troubled company...'
Originally posted by vbland: The financial supplements need to be taken with a pinch of salt.
Go back the the first editions of the year and read the predictions of where the FTSE would be at the year end - ooh, 7000+ no problem, etc etc .
I suppose anyone who would believe what some dead tree press hack is paid to write and invests on that basis deserves everything they get irrespective of the title in question?
Much as I would like to believe it was only the Guardian financial hacks talking up Iceland banks, I think it was just the same with other newspapers.
There is nothing very objective about any of the financial supplements. They get advertising income from the very banks they recommend or list in the 'best buys' tables.
The same applies to property supplements, especially those of the local papers. It is always 'the time to buy'. My local paper currently runs a whole page advert, at their own expense, displaying half-a-dozen uninspiring properties sold by their advertisers in the previous week, under the headline 'The Property Market is Moving Again'.
If this recession did one good thing it would be to reduce the size of these self-serving newspaper supplements.
.
