Chinese Unimpressed With Danny

china-bank-danny-alexander

The Chinese have let it be known that they are unimpressed with Danny Alexander being the British nomination for their Asian Infrastructure Investment Bank, a post-Bretton Woods multilateral agency that is another sign that the global economy is shifting East. The FT reports that the AIIB advertised for vice-president rank positions requiring candidates have a

 “minimum 20-25 years in a leadership function and position of influence in multilateral development bank(s) or equivalent”.

Danny of course was Chief Secretary to the Treasury for 5 years, a politician for a decade and prior to that a press officer for the Cairngorms National Park Authority. How this really qualifies Beaker for a board level position at a crucial multilateral investment bank escapes Guido and the unimpressed gerontocracy in Beijing. Everyone in SW1 sees it as a lucrative sinecure gifted from a grateful George Osborne that will open up other highly paid positions for Danny.  The AIIB has given him responsibility for “communications”. The German nominee – a career banker – has been given the chief operating officer role. Expect German industry to sell a lot of heavy plant equipment to Asia financed by the AIIB…  

mdi-timer 27 January 2016 @ 08:52 27 Jan 2016 @ 08:52 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Danny’s Economy Wife

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Last week it emerged the Treasury are lining up Danny Alexander for a cushy job with China’s new Asian Infrastructure Investment Bank. It seems things are moving quickly.

Last week he was spotted travelling back from Beijing with British Airways, business class. Unfortunately his wife Rebecca was not on expenses, so she travelled back in economy…

mdi-timer 26 October 2015 @ 15:42 26 Oct 2015 @ 15:42 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Danny Alexander Tapped For China Bank Role

china-bank-danny-alexander

Bloomberg’s Rob Hutton is reporting that Danny Alexander, the currently unemployed former Chief Secretary to the Treasury, is in the running to join China’s new Asian Infrastructure Investment Bank. The Treasury is said to be putting forward Alexander for a seat on the bank’s board. It is not yet, Guido understands, a done deal… 

Joining the Beijing-based bank’s board would be a lucrative reward for Alexander, of whom George Osborne recently said he had “a lot of time for and respect for Danny”. As well as his board fees it would open up a lucrative future career in high finance in booming Asia. Sir Danny has come a long way in the decade since he was a press officer for the Cairngorms National Park…

mdi-timer 22 October 2015 @ 15:46 22 Oct 2015 @ 15:46 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Danny Alexander on Future of LibDems

Danny Alexander says the LibDems should not…

“… envisage a future as a sort of soggy Syriza in sandals.”

mdi-timer 17 July 2015 @ 09:00 17 Jul 2015 @ 09:00 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
There’s Lunch Money Left

Though the national debt has actually risen from 60% of GDP to 80% of GDP, the deficit is bigger than Greece’s deficit and the IMF doesn’t believe Britain is on course to close the deficit by 2020. So there is even less money left than when Liam Byrne left his note…

mdi-timer 20 May 2015 @ 08:01 20 May 2015 @ 08:01 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Rapt Commons in Thrall of LibDem Budget

The Chief Secretary to the Treasury will be heard. By some…

mdi-timer 19 March 2015 @ 11:07 19 Mar 2015 @ 11:07 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
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