November 20th, 2012

Merv Swerves Through Northcliffe House

Guido’s eyes and ears over at Northcliffe House report that the outgoing Bank of England chairman Mervyn King has just had a chummy goodbye with Paul Dacre in the atrium. While Merv apparently sits on DMGT’s pension board, the presence of Alex Brummer at the tête-à-tête have lead over there to some speculation a new columnist may have been signed up. It will give him somewhere else to be wrong when he stands down next year…


200 Comments

  1. 1
    Kebab Time says:

    Was he not appointed by Gordon?

    Is this not the curse?

    • 2
      the book will reveal all.... says:

      I judge he has been a safe pair of hands given the shitfeist he has been presiding over…whether the bank would have done things differently if they had been left with the full reins originally is difficult to say but Gordon’s input would have been a constant thorn in any BOE chairman’s side.

      • 6
        Alex Bummer says:

        Is this shit in English or Yiddish?

      • 14
        Quiet Bat Person says:

        Safely missing inflation targets for years (his ONLY target), whilst going along with QE to socialise the bank’s debts, falsely claiming that it is all for the ‘benefit’ of people like pensioners.

        Fuck off Merv, don’t let the door hit your arse on the way out.

        • 18
          CarryHole is a Hunt says:

          + 1

          Fail the banks, default the BONDS, print up the cash for the depositors.

          Enjoy higher land affordability and an economy low on rent-seeking = RECOVERY.

          • Quiet Bat Person says:

            Affordable land? MP’s have had to do some hard lying, troughing and defrauding to get their extra homes, why would they let us plebs have land and property cheap?

          • Anonymous says:

            on a tangent here.

            stunning development from the computer giant Hewlett Packard which has just announced that a British company it bought for almost $10bn could be worth less than a seventh of that sum.

            Dr Mike Lynch, the founder of Autonomy, the company it acquired, is reported to have made some $500m from the sale.

            H-P claims accounting irregularities and a failure to disclose, allegations denied by Mr Lynch who was praised in speeches by David Cameron as an example to us all before today’s claims were made.
            …..

            crooks the lot of them.

            significance is the number 7.
            it represents truth.
            we know that our language is corrupted and now even the numbers.

            Our only hope is to talk gibberish.
            only that will make sense.

          • messed up heads dept says:

            a number of our co-commentators talk that already …it doesn’t help

          • Anonymous says:

            in other news.

            it is reported that at the royal variety performance prince philip told reporters that

            he was “stone deaf” when asked which routine was his favourite.
            “All of them [are] … but to be honest we’re both stone deaf,” he said after the show
            ….

            …whatever anyone says we must listen to with care and just laugh it off, as we did with so.vile savile. maybe the queen is the front a nd the prince just tells the truth.

          • Lead is heavy metal says:

            The Autonomy scandal is discussed further in the last post. Fascinating how manipulative some people can be. Should go far…

          • Clive Sinclair says:

            Re the Autonomy news, many at HP already knew this but the deal got pushed through by their then CEO ‘HP Will Be Cooler Than Apple’ Leo Apotheker. To be honest HP is pretty much a very large company going no where fast. It’s most profitable business is selling coloured water (ink) at 3000% mark up, but the downturn in print has left it with a problem. The rest of their business is moving tin and plastic at 2%gp. Their foray into software and services has only cost them money so far. Omnishambles of the first order.

        • 200
          Sarge says:

          In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly and results far much less

          JK Galbraith

      • 24
        ukiplocal says:

        He failed when he was among those economists who wrote to Geoffrey Howe about his budget, he was wrong about the Euro, he was wrong not to object to the Brownite regulatory arrangements, he was wrong not to express public concern about the expansion of money and state spending, he was wrong over the way Northern Rock was handled and every bail-out since. he was wrong over QE and he has not got inflation right yet

        How many times can you be wrong and still keep your job and probably get a Peerage to boot!

        • 31
          CarryHole is a Hunt says:

          He was less wrong than Blanchflower. That’s about the only “praise” that can be given.

        • 32
          It's a Mad Mad World says:

          + 63 M.

          Only in the UK can one fail spectacularly at one’s job, then go on to ever greater personal success.

          It’s what we’re great at.

        • 68
          restore the monasteries says:

          If things were to be done twice all would be wise…….mind you, he has been crap.

        • 135
          Glyn H says:

          About time more folk understood that neat summary of Mr Kings success rate since he left the Fabian economists joy land that is the LSE

    • 13
      The curse of Βillу Β says:

      1st!

    • 33
      CarryHole is a Hunt says:

      First the BBC, now America’s extortion-funded broadcaster has a similar problem.

      http://www.usatoday.com/story/life/tv/2012/11/20/kevin-clash-quits-elmo-gig/1716901/

      • 99
        Quiet Bat Person says:

        “Sesame Workshop’s mission is to harness the educational power of media to help all children the world over reach their highest potential,” the company said.

        No it isn’t, you pretentious dildos. Your mission is to make a kids puppet show.

    • 74
      CarryHole is a Hunt says:

      Thanks to Gordo and Merv we’re…

    • 111
    • 121
      Blowing Whistles says:

      http://order-order.com/2012/11/20/quote-of-the-day-541/

      Ho hum – there is no such thing as a ‘free British press’ – there ain’t been since at least 1921

      • 157
        Anonymous says:

        nothing has been free ever.
        royalty.
        are us.

        only our integrity is free. but try getting there,
        there are enemies our there,
        they do not fear freedom,
        Jimmy So.vile claimed to have ultimate freedom, they fear integrity…internal.grit.

  2. 3
    Polly Toynbee says:

    GUIDO NEWS ROOM SEEKS `SOCIALLY ACCEPTABLE’ WORKFORCE CUTS. This is just getting stupid

  3. 4
    The times they are a changing says:

    Just don’t understand why Camoron hadn’t stuffed one of his own hangers on in charge in May 2010, if you leave your enemies in place they can do damage to you, oh yes I forgot they are and are.

    • 5
      Tachybaptus says:

      Sheer ineptitude, as ever.

      • 11
        IMHO says:

        First things normal people do when they move into a house is to order a few skips and get rid of all the rubbish that has been accumulating over the years, and give the garden a good dose of Roundup, dozy Dave is the exception.

        • 67
          Yvonne from The Colliers Arms Clydach says:

          Cameron effectively said King was crap when he was Opposition Leader .

          Cameron also spouted some bollocks about the Governorship being a limited fixed term appointment in the future .

          Perhaps this is one of the Idiots less publicised U turns but boy has it cost us all .

  4. 7
    Lord Carrington's Binoculars says:

    Merv failed to call the property bubble and failed to ensure rates went up post-2003, by facing down Brown, who wanted the bubble to continue.

    He has made pathetic excuses for this, is known internally as a pettifogging Pooter with a short temper and only got a second term cos Darling couldn’t unseat him mid-crisis.

    • 20
      CarryHole is a Hunt says:

      > Brown, who wanted the bubble

      NEEDED not wanted. Debt growth replaced economic growth.

  5. 8
    Penfold says:

    Oh corks! Oh lumme!

  6. 9
    Edinburgh Socialist dogshite on motorbike says:

    Goodbye to the Labour arselicker.

  7. 10
    Sir John Houblon says:

    This august gentleman has spectacularly failed in the task set before him, to keep inflation down, has done great damage to Britain’s economy with QE which is itself inflationary, failed to speak out publicly about the Labour government’s foolish and imprudent financial strategy, and in recent days has continually talked down the British economy.
    In another eara, if he was lucky he would be staring at the inside of the stone walls of the Tower of London. If he was unlucky his head would be on a pike for all to see on London Bridge.
    As it is, he will retire with a gold plated inflation proof pension and be showered with honours and well paid positions by an oh so grateful political and business class. Funny old world isn’t it?

    • 34
      It's a Mad Mad World says:

      Is it really worth bothering any more ?

      Guess he’ll be joining Lord Mandelson as a Head of Ethical Banking at Lizard Int’l.

      Perhaps Sharia Law does have something to offer.

      Even Medieval Law chopped the hands off treasurers who debased the currency, followed by their heads.

  8. 12
    Not related to student thickos says:

    All Mong King does is deliberately run the economy down so no one wants to invest in it. He is a fecking liability.

  9. 15
    Socialist gives u the runs says:

    What a skitter he is!

  10. 16
    Operation Crossbow says:

    The BBC have been bashing the old bishops a lot today.

  11. 21
    Mrs J.Dromey says:

    I am in favour of women bishop bashing.

    • 43
      Milly-Wanker says:

      I like bashing my own bishop

    • 53
      Red Egg Millitit..... says:

      Have you actually seen the state of these women priests? Bishop bashing? I would rather do it for myself !!

      • 175
        Archie O'Logist says:

        In days of yore, all those civilisations had female High Priestesses who ran the show. Look what happened to them, all disappeared without trace, except the odd ruin or two to show they ever existed in the first place.

  12. 22
    Tom Watson says:

    What has David Cameron reading a book on the economy and Stephen Hawking reading a porn magazine got in common?

    Both know what they want to do, but have no idea how they are going to do it.

    • 27
      Tiny Tom says:

      Well and least they can see their dicks. Whereas, Fatson’s is lost in the flab.

      • 39
        Fat Cunt Watson says:

        That’s not nice.

      • 52
        Red Egg Millitit..... says:

        The knob is only male appendage that will not increase in size in the morbidly obese male :)

        • 65
          Tom Watson MP says:

          I’ll have to make a statement in the House about that.

          • Anonymous says:

            an englishman’s castle. The House. why are standards so low in the most prominent house but one in the country. What goes on in the most prominent house, well that would be asking. only rupert knows.

        • 82
          Tay King-dePisse says:

          Out of deference to our landlord, no remarks about the, shall we say, “genital shortcomings” of portly men, please!
          He might take it all personal like.
          Then you’ll wonder and whine about why your posts under your preferred moniker somehow get lost in the ether.

  13. 23
    Glass Steagall says:

    History is there to learn from and to avoid the same mistakes. Will Brown and Balls ever learn from history? Nah! They are far too busy re writing it.

    • 77
      Merv the King of the Wiemar Republic says:

      The British economy is flatlining…

      I say print another £250 billion…like Blinky says

      Before I bow out with my huge pension and peerage for having saved the world from the meltdown from my own stupidity

      Endless eeeaaasing is the answer

      • 158
        Anonymous says:

        as i ease, you become austere.
        no thankyou,
        you austere if you want to, we are all for easy living.

  14. 25
    Projects4Britain. says:

    On the economy, it is time ditch PFI. Just a thought.

    • 78
      The times they are a changing says:

      They won’t ditch PFI, it’s a good moneymaker.

      • 83
        Historian of our times says:

        There is a gag order on any discussion of PFI contracts already signed

        But they are still costing the British people tens of billions every year

        WHere is the accountability?

  15. 26
    smoggie says:

    I think Bono would make a good BoE chairman.

    Fuck , if he looks after our money as he does his own then who is to argue?

  16. 29
    Beast says:

    He has been infected by the curse of Jonah McMental so thats The Mail done for

  17. 35
    Andy Coulson says:

    I’m disappointed they’re going to jail me

  18. 36
  19. 38
    I don't nee d no doctor says:

    Don’t bank on it.

  20. 40
    I don't nee d no doctor says:

    Any news on the Bercows? Do hope it all get’s much worse for them.

  21. 41
    Morally Bankrupt. says:

    The pipes are burst and the house is flooded. I think I will phone an electrician.

    FIX THE BLOODY BANKS!

  22. 45
  23. 46
    Red Egg Millitit..... says:

    Six Israeli ‘spies’ executed before baying mob in Gaza City, before motorbike gang drags one bloodied victim through the streets

    Read more: http://www.dailymail.co.uk/news/article-2235635/Gaza-conflict-Egyptian-president-says-peace-Gaza-imminent-predicts-lasting-ceasefire-begin-tomorrow.html#ixzz2Cn5fRI93
    Follow us: @MailOnline on Twitter | DailyMail on Facebook

  24. 54
    Brown's shitst@ins says:

    The banks are full of scum.

    • 59
      Gordon Brown says:

      So’s my nappy

    • 75
      Larry Livingstone says:

      Having read our glorious Press tonight you would think UBS are squeaky clean .

      Adebole has been found guilty of mega fraud without a penny being found in any of his private accounts .

      The Judge has described him as a self centred gambler. Just the type of guy you want to employ on a trading floor .

      I have never passed an audit exam in my life but I know to do the job properly you have to be a Hunt to work for who has a nasty habit of turning up at odd times asking awkward questions .

      This whole story stinks .

  25. 60
    I was Mandy's gerbil says:

    I was privy to some very awkward late night decisions

    • 70
      Defrocked Hansard Reporter says:

      Were you introduced to or into the Chairman of Lizards?

      • 102
        Anonymous says:

        Lazard has also advised on some of the largest and highest-profile corporate restructurings around the world. Since 1999, we have advised on more than 100 in- and out-of-court restructurings totalling over $300 billion of debt.

        why the fixation on debt.
        debt to society.

        pride and debt go together.
        bit more humilty would be nice.

  26. 61
    Red Egg Millitit..... says:

  27. 63
    I was Mandy's gerbil says:

  28. 66
    I was Mandy's gerbil says:

  29. 73
    Old Etonian Archbishhop of Canterbury says:

    The Synod have defrocked me before I have even bee consecrated…

    It is a druid conspiracy I tell you

    Or is Boris Johnson up to his old tricks?

  30. 81
    Operation Crossbow says:

    I see Caroline Flint has been sticking her face all over the media today slagging off Tories. Remind me what did Ed Miliband do to control energy prices again?

  31. 86
    the right and wrong side of the law says:

    Great train robbers get 30 years a-piece, for stealing 2,631,684 on its way to be burnt (no body is out of pocket). The entertainment industry earns millions over a 30 year period on the back of it.

    Adebole knocks his firm over for 2. 3 billion, and gets 7 years (which he’ll do 3 max in a kushy open nick). The money will have to be clawed back (mostly off of the little man) nobody gains.

    “he was of good character” I. e. one of them.

    • 101
      Quiet Bat Person says:

      Stealing cash that was marked for inceneration and had therefore also been replaced by new notes in circulation is akin to counterfeiting. Or, as it is called nowadays, Quantitative Easing.

    • 106
      Anonymous says:

      ade….boal

      arse…goal…hole….dole. welcome to new 21st century.
      he no obi 1 kanobe.

    • 132
      CarryHole is a Hunt says:

      Not sure the murdered train guard would agree..

  32. 104
    Saffron says:

    See that Moody’s have downrated the frogs triple A rating.
    Would love them to rate Merv on performance.

  33. 105
    Andy says:

    The buck ultimately stopped with Mervyn King. Good riddance to a very stubborn man.

  34. 107
    Saffron says:

    Completely O/T.
    A question:- anyone like to comment as to when we first saw socialism in the western world and what benefit have we seen from it?.

    • 109
      Anonymous says:

      ism’s are just that ism’s.

      power lies with royalty.

      • 117
        Saffron says:

        Well I know that.
        I asked what benefit what benefit have we seen from it.
        Care to tell me about National Socialism/USSR and how ordinary people were affected?
        Sorry about the double benefit error.

        • 159
          Anonymous says:

          all ism are a form of religion.
          they are all naff.

          it is all about power who has it and who does not.
          whether the power is based on force or not.
          whether in the process we are manipulated or not.

          there is a manmade life and that is fecked and then there is the organic one. the problem is knowing what is natural.

    • 115
      Robert Roundtree says:

      Cadbury’s Bourneville

  35. 113
    Saffron says:

    I’m with you Andy,good riddance to him and his gold plated pension.
    Economists are seldom right,I seem to remember when this shitestorm hit us that her Maj was asking I think 3 economics guru’s as to what had gone wrong and they could’nt tell her.

  36. 119
    Rebekah Crooks says:

    Who’s going to look after my poor little adopted baby if I go downnnnnn?

  37. 120
    Saffron says:

    What is the definition of socialism in real terms?.

  38. 124
    Arch Bishop of Canterbury says:

    David Beckham wants one more challenge…hmmm!

    • 146
      the gaunt scowler who knows what you really want . says:

      oh christ does posh want another sprog ? summoning up
      the enthusiasm to give her one would be a challenge …

    • 168
      Football Isn't Life-or-Death, It's Far More Important Than That says:

      Here’s a challenge– try not to turn into another Gascoigne when his playing days are well and truly done. Some footballers can’t handle being a celebrity and go over the edge, and some can’t handle NOT being a celebrity, and the same result. When the wife gets tired of him and chucks him out, we’ll see what Becks is made of. Stay tuned, footie fans.

  39. 127
    Respect My Arse. says:

    See George Galloway is following Browns example for not appearing in The House Of Commons only seen him twice

  40. 140
    Nonews Night says:

    We have finally found out what has been happening in Burma for the past 30 years. Muslims are being persecuted by Buddhists. We thought you should know.

    • 142
      Gary Glitter says:

      Buddists dont blow you up they blow you off!
      Why do you think I spent so much time in SE Asia?

    • 160
      Anonymous says:

      and we thought budhists were ok.
      tossers are us.

      • 162
        Anonymous says:

        nothing and absolutely nothing has been treated as sacred out there.
        how awful.
        but then issues like past life karma, soul development and life purpose come to mind. as Steve jobs showed there is no life experience that is wasted.
        either wait and see or escape the poverty of your imagination.

  41. 141
    Gary Glitter says:

    Merv the Perv
    String him up !
    just why are people like this allowed to wander freely upon the streets of London?

    Taking advantage of the vulnerable

    Mixing with mental patients (Brown) and having an assumed name

    Courted by the establishment

    Just what is the world coming to?

    A disgrace to this (n)once great nation

    • 163
      Anonymous says:

      but were we ever grace. it was sadly all talk.
      …changing the subject to the english rose.
      the myth says fragile, do not touch.
      i say touch, and feel the vibration. it most certainly will not break.

      • 185
        Left back says:

        Two wonderful entities – Grace and Favour.

        Them and Us.

        East and West – and ne’er the twain shall meet.

  42. 144
    the book will reveal all.... says:

    I posed a ‘kindest’ possible statement @2 but sorry merv its a dead duck.

  43. 147
    Bob R says:

    I wonder what the DMGT Pension Fund split is between fixed and index linked securities.

  44. 151
    Would it fuck says:

    Why the fuck are the Guardian leading with the headline “Church in crisis” after it voted to reject wimin Bishops ? Would it be using the same headline if it voted by the same margin to allow them ?

  45. 154
    Gordon Brown says:

    I am a Moody Glass Seagull

  46. 188
  47. 189
    Ade Itti Ferarri says:

  48. 195
    Ed Balls - Shallow Chancer says:

    Let me loose with the levers of power !!

  49. 199
    the ddepartment of the appropriate says:

    it would be ‘appropriate’ for king to scribble for the dm

    he and the treasury have run the monetary policy that its readers would have wanted – and b….. the consequences

    what a bit of chutzpah to be paid to blame someone else for the highly undesirable results of incompetence and arrogance!


Media Reader

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BBC Still Loves the Guardian | Breitbart
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Local News Stories That Rocked The World | Poke


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Rod Liddle on the loony UN sexism special rapporteur:

“There is more sexism in Britain than in any other country in the world, according to a mad woman who has been sent here by the United Nations.

Rashida Manjoo is a part-time professor of law at Cape Town University in the totally non-sexist country of South Africa (otherwise known as Rape Capital Of The World).

Mrs Magoo has been wandering around with her notebook and is appalled by the sexist “boys’ club” culture here, apparently.

I don’t doubt we still have sexism in the UK. But is it worse than in, say, Saudi Arabia, d’you think, honey-lamb? Or about 175 other countries? Get a grip, you doolally old bat.”



orkneylad says:

What’s he been doing FFS, mining bitcoins?


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