Lord Rennard, Professional Money-Grubber

Sunday Sleaze

Congratulations are surely in order now Lord Rennard has a new job as an international fundraising consultant. His experience facilitating donations from international business elites, such as for example convicted fraudster Michael Brown, is no doubt the kind of sterling experience that secured this sinecure. Although he forgets to mention that most of the money raised for the 2010 general election was during the year after he was sacked:

“He was the Chief Executive of the Liberal Democrats from 2003 to 2009 during which time he was in charge of election campaigns, organisation and fundraising and personally headed the high net worth donor fundraising programme. Under his direction over six million pounds was raised for the 2010 general election campaign”

Taking personal responsibility for the money raised by colleague Lord Clement Jones, the Party Treasurer, and his team has further endeared him to LibDem colleagues. It doesn’t look as though he will have many junior staff to worry about, the company appears to have only one female trainee for 23 consultants and associates. She might then find herself pulled in too many other directions to service the needs of Lord Rennard. Still happy days… particularly given his very recent retirement on ill health grounds…




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Quote of the Day

The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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