TUESDAY, SEPTEMBER 30, 2008
Market Action Overshadows Tory Conference
Still it is not all bad news,* Gordon's favourite financier Paul Myners and appointee as chairman of the Low Pay Commission, is doing well. The massive hedge fund of which he is a director, GLG, had the biggest short in the market in Bradford and Bingley. Peter Oborne points out that Ronnie Cohen,"Gordon's private banker" and a huge Labour Party donor, has just set up a new hedge fund to take advantage of the market situation. Good to see some people doing well out of the misery and mayhem...
*You won't read this news in the Guardian. Paul Myners is the chairman of Guardian Media Group.MONDAY, SEPTEMBER 29, 2008
Conference Quickies
Spotted: Tim Montgomerie and Nadine Dorries sharing a lap-top.
Bell Pottiinger party: we-left-Labour-for-the-Tories to pour champagne down their throats. Not a shadow cabinet member to be seen...
Guido looking gutted, despite being bearish, decides to take time out from the market. Market collapses.
Tuesday, 30 September 2008
There is a sense here in Birmingham that, as it was during the LibDem conference, the real news story is on Wall Street. Cameron is going to give a hastily arranged speech focusing on the financial market mayhem later this morning.
Alex Hilton of LabourHome.com introduced by Michael Crick to Michael Ashcroft, "Can you give me £50,000 for my campaign?" Ashcroft "Send me your business plan." Later, explaining to a very, very, pretty girl, what he does; "My fund is short the market".
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