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Saturday, 4 October 2008

When is an "evil short-seller" not an "evil short-seller"

Apparently, when he is a friend of Gordon Brown. According to the BBC:
"Paul Myners, the chairman of the Guardian Media Group and former chairman of Marks & Spencer, will advise the government as business ambassadors, the PM says."
Does Paul Myners do anything else that the BBC are keeping from us? Well he
"is a director of the hedge fund manager GLG, which with $25 billion under management is one of europe's biggest hedge fund managers. It was until recently 10% owned by Lehmans. Paul Myners gave money to Gordon Brown's leadership campaign and he also gave money to Gordon Brown's think-tank the Smith Institute. Gordon rewarded him with appointments to the Treasury's pension review."
Also
"GLG, had the biggest short in the market in Bradford and Bingley."
Has Paul Myners any other links to Gordon Brown? Well, he was
"deputy chairman of the Smith Institute, as well as Gordon's personal financial backer during the leadership campaign."


Gordon Brown, like Tony Blair before him, seems to believe that whatever he does he is right and therefore no excuses ever need to be made. Maybe one day all of Gordon Brown's mistakes, lies and cover-ups will return to haunt him.


The last three quotations are all from Guido Fawkes' site, still one of the best sources of political news on the web.

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