Democracy is a great system, except that those in power do their uttermost to subvert it, circumvent it, and twist it to their own ends, and quite often succeed. Take the current state of play between the parties in Britain. In March this year the Electoral Commission recommended there should be no increase in spending […]
Posts Tagged ‘Hedge Funds’
Hedge fund control of Co-op Bank & Royal Mail should never be allowed to happen
Oct 24th, 2013 by Michael Meacher.On Tuesday two US hedge funds took control of the Co-operative Bank and in effect ended its 170-year history as Britain’s largest mutual. Yesterday an aggressive hedge fund, deceptively entitled The Children’s Investment (TCI) Fund, acquired the largest stake behind the government in the Royal Mail. It is led by a man known for his […]
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Why hedge funds do better than bent bookies
Jul 13th, 2011 by David Osler.Hedge funds have got one major advantage over bent bookies. In their case, race fixing is entirely above board. Let me expand on this point, by way of an analogy for what has been happening in the Irish, Greek, Portuguese and Italian economies of late. Let’s say you take a bet on a horse to […]
