September 29th, 2008

Evil Short Sellers Part III Gordon Brown’s Millions from Hedge Fund Shorters

Paul Myners 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.

Derek Tullet has also given huge amounts of money to the Labour Party. Tullet’s broking firm specialises in servicing hedge funds who want to go short stocks and derivatives.

Gilad Hayeem of the Lehman Brothers backed $2 billion hedge fund, Marble Bar Asset Management (Cayman), contributed to Hilary Benn’s deputy leadership campaign.

There are plenty more “evil speculators” who have backed the Labour Party. Just in case you are wondering why Labour is silent…



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