| Nigel Farage’s boss made a fortune betting against Natwest 21:58 - Jul 26 with 3789 views | ElderGrizzly |
What a coincidence.
Farage is nothing but a useful patsy for the actual rich
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| Nigel Farage’s boss made a fortune betting against Natwest on 22:25 - Jul 26 with 3135 views | HARRY10 |
Here we are old chap - Daily Telegraph
"GB News owner Sir Paul Marshall’s hedge fund has made a multi-million pound gain on its bet against NatWest shares following the exit of Dame Alison Rose.
Regulatory filings show that Marshall Wace has the biggest short position in the lender’s shares meaning it stands to gain from falls in the bank’s market price.
The fund netted paper gains of around £5m on Wednesday after NatWest’s share price slumped more than 3.7pc after the departure of its chief executive Dame Alison Rose, which wiped more than £850m off the value of the lender.
While the gain represents a tiny sum relative to Marshall Wace’s more than $60bn in assets under management, it may give Sir Paul extra satisfaction given his stance against “woke” business culture.
GB News also employs Nigel Farage as a host and he has used his show as a platform to attack NatWest for “debanking” him.
However, it is understood Marshall Wace’s bet against NatWest is mostly computer-driven.
The hedge fund has software it calls TOPS (Trade Optimised Portfolio System), which analyses the views of analysts and economists and gives indications where to invest.
Marshall Wace first disclosed that it was building a short position against NatWest in March, when fears were growing over the health of the global financial system following the collapses of Silicon Valley Bank and Credit Suisse.
At the start of last month it had borrowed 0.8pc of the shares to profit from price falls, but has since trimmed the bet to 0.59pc, according to data from the Financial Conduct Authority.
Sir Paul, whose son Winston was a member of the band Mumford and Sons, has been a prominent backer of Brexit, calling it “a huge opportunity for the UK”.
Last year, alongside Legatum, a Dubai-based group founded by the billionaire Christopher Chandler, he bought out the US entertainment giant Warner Bros. Discovery and GB News co-founders Andrew Cole and Mark Schneider of their stake in the news network.
Last year, Sir Paul shared a pot of more than £720m with a group of 23 partners after his London-based hedge fund posted a surge in profits.
Marshall Wace declined to comment. " [Post edited 26 Jul 2023 22:26]
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| Nigel Farage’s boss made a fortune betting against Natwest on 22:31 - Jul 26 with 3134 views | Swansea_Blue |
And there we have it. It’s been hilarious seeing people argue that he’s been working in the public interest. That’s one snake that won’t, er, change his spots.
His got probable history after giving traders a public heads up to short the pound on the night of the Brexit referendum, the most famous being the alleged decades-long sexual predator Crispin Odey. The same Odey who also knows Kwarteng and profited massively off the back of Kwarteng crashing the economy are pushing up the cost of borrowing.
A nest of vipers
(This doesn’t mean the bank was right to break client confidentiality). [Post edited 26 Jul 2023 22:32]
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| Nigel Farage’s boss made a fortune betting against Natwest on 22:43 - Jul 26 with 3081 views | HARRY10 |
| Nigel Farage’s boss made a fortune betting against Natwest on 22:31 - Jul 26 by Swansea_Blue |
And there we have it. It’s been hilarious seeing people argue that he’s been working in the public interest. That’s one snake that won’t, er, change his spots.
His got probable history after giving traders a public heads up to short the pound on the night of the Brexit referendum, the most famous being the alleged decades-long sexual predator Crispin Odey. The same Odey who also knows Kwarteng and profited massively off the back of Kwarteng crashing the economy are pushing up the cost of borrowing.
A nest of vipers
(This doesn’t mean the bank was right to break client confidentiality). [Post edited 26 Jul 2023 22:32]
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https://www.bloomberg.com/news/features/2018-06-25/brexit-big-short-how-pollster
Of course Farage was not involved in this scam, absolutely not - and any coincidence is err .................. just coincidence
The very idea that Fartrage is nothing but a cheap con artist is utterly false, and all the stuff he spouted about brexit was not a lie. Things just didn't work out how he thought
Rather like Bury FC not winning the Champions League did not work out as thought. | | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 22:55 - Jul 26 with 3030 views | Swansea_Blue |
| Nigel Farage’s boss made a fortune betting against Natwest on 22:43 - Jul 26 by HARRY10 |
https://www.bloomberg.com/news/features/2018-06-25/brexit-big-short-how-pollster
Of course Farage was not involved in this scam, absolutely not - and any coincidence is err .................. just coincidence
The very idea that Fartrage is nothing but a cheap con artist is utterly false, and all the stuff he spouted about brexit was not a lie. Things just didn't work out how he thought
Rather like Bury FC not winning the Champions League did not work out as thought. |
Makes my blood boil. They should be facing charges and a long spell inside. Same as the people who profiteered off the back of Covid.  | |
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| Nigel Farage’s boss made a fortune betting against Natwest on 22:55 - Jul 26 with 3028 views | Plums |
| Nigel Farage’s boss made a fortune betting against Natwest on 22:25 - Jul 26 by HARRY10 |
Here we are old chap - Daily Telegraph
"GB News owner Sir Paul Marshall’s hedge fund has made a multi-million pound gain on its bet against NatWest shares following the exit of Dame Alison Rose.
Regulatory filings show that Marshall Wace has the biggest short position in the lender’s shares meaning it stands to gain from falls in the bank’s market price.
The fund netted paper gains of around £5m on Wednesday after NatWest’s share price slumped more than 3.7pc after the departure of its chief executive Dame Alison Rose, which wiped more than £850m off the value of the lender.
While the gain represents a tiny sum relative to Marshall Wace’s more than $60bn in assets under management, it may give Sir Paul extra satisfaction given his stance against “woke” business culture.
GB News also employs Nigel Farage as a host and he has used his show as a platform to attack NatWest for “debanking” him.
However, it is understood Marshall Wace’s bet against NatWest is mostly computer-driven.
The hedge fund has software it calls TOPS (Trade Optimised Portfolio System), which analyses the views of analysts and economists and gives indications where to invest.
Marshall Wace first disclosed that it was building a short position against NatWest in March, when fears were growing over the health of the global financial system following the collapses of Silicon Valley Bank and Credit Suisse.
At the start of last month it had borrowed 0.8pc of the shares to profit from price falls, but has since trimmed the bet to 0.59pc, according to data from the Financial Conduct Authority.
Sir Paul, whose son Winston was a member of the band Mumford and Sons, has been a prominent backer of Brexit, calling it “a huge opportunity for the UK”.
Last year, alongside Legatum, a Dubai-based group founded by the billionaire Christopher Chandler, he bought out the US entertainment giant Warner Bros. Discovery and GB News co-founders Andrew Cole and Mark Schneider of their stake in the news network.
Last year, Sir Paul shared a pot of more than £720m with a group of 23 partners after his London-based hedge fund posted a surge in profits.
Marshall Wace declined to comment. " [Post edited 26 Jul 2023 22:26]
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We used to laugh at countries where this sort of thing went on.
The UK is a failed state. |  |
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| Nigel Farage’s boss made a fortune betting against Natwest on 22:57 - Jul 26 with 3020 views | Swansea_Blue |
| Nigel Farage’s boss made a fortune betting against Natwest on 22:55 - Jul 26 by Plums |
We used to laugh at countries where this sort of thing went on.
The UK is a failed state. |
What’s all this ‘woke business culture’ rubbish? Ethical practices in other words. They’re crooks and don’t even try to hide it. | |
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| Nigel Farage’s boss made a fortune betting against Natwest on 23:36 - Jul 26 with 2933 views | BlueBadger |
Nice to see Rishi spending more time defending Farage than he has condemning Boris Johnson for lying to parliament. |  |
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| Nigel Farage’s boss made a fortune betting against Natwest on 08:29 - Jul 27 with 2588 views | Mullet |
I was going to post this yesterday as it's well worth educating yourself on the kind of bloke we are talking about here, but it seemed people were too busy missing the point etc.
https://hopenothate.org.uk/chapter/who-is-nigel-farage/
Keir's prosecuting prowess needs to come to the fore in my opinion. |  |
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| Nigel Farage’s boss made a fortune betting against Natwest on 08:31 - Jul 27 with 2566 views | Herbivore |
Grifter's gonna grift. |  |
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| Nigel Farage’s boss made a fortune betting against Natwest on 15:52 - Jul 28 with 2182 views | HotShotHamish |
I am pretty sure, no, actually I am 100% sure, that Farage did not start this episode. That was all the fault of the person who briefed the BBC completely false information.
anything that happened after that is completely the fault of the banking group who clearly did not plan this very well.
Regardless of your opinion of Farage, who in their right mind would deliberatly brief jouralists incorrect info? As if he wasn't gong to react in the way he did.
The whole sorry episode is completely the fault of the bank & once this started a blind man could see that the bank's share price would fall. | | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:01 - Jul 28 with 2148 views | Herbivore |
| Nigel Farage’s boss made a fortune betting against Natwest on 15:52 - Jul 28 by HotShotHamish |
I am pretty sure, no, actually I am 100% sure, that Farage did not start this episode. That was all the fault of the person who briefed the BBC completely false information.
anything that happened after that is completely the fault of the banking group who clearly did not plan this very well.
Regardless of your opinion of Farage, who in their right mind would deliberatly brief jouralists incorrect info? As if he wasn't gong to react in the way he did.
The whole sorry episode is completely the fault of the bank & once this started a blind man could see that the bank's share price would fall. |
You're 100% sure Farage didn't start this? He was all over social media complaining about his account being closed on the 29th of June. The CEO of Nat West didn't (highly inappropriately) brief the BBC until the 3rd of July, with the story being published the following day. | |
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| Nigel Farage’s boss made a fortune betting against Natwest on 16:06 - Jul 28 with 2132 views | Blueschev |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:01 - Jul 28 by Herbivore |
You're 100% sure Farage didn't start this? He was all over social media complaining about his account being closed on the 29th of June. The CEO of Nat West didn't (highly inappropriately) brief the BBC until the 3rd of July, with the story being published the following day. |
And if my memory serves me correctly, this started by Farage (falsely) claiming that he "could not get a bank account".
Farage has been a useful tool in a push toward further banking de-regulation for the benefit of the dodgy / super-rich / dodgy super-rich, and it seems nearly everybody has fallen for it. |  | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:09 - Jul 28 with 2124 views | Herbivore |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:06 - Jul 28 by Blueschev |
And if my memory serves me correctly, this started by Farage (falsely) claiming that he "could not get a bank account".
Farage has been a useful tool in a push toward further banking de-regulation for the benefit of the dodgy / super-rich / dodgy super-rich, and it seems nearly everybody has fallen for it. |
Yes, tried to claim he was being forced out of the UK. Unfortunately he's our problem and we can't get rid of him that easily. | |
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| Nigel Farage’s boss made a fortune betting against Natwest on 16:37 - Jul 28 with 2074 views | Mullet |
| Nigel Farage’s boss made a fortune betting against Natwest on 15:52 - Jul 28 by HotShotHamish |
I am pretty sure, no, actually I am 100% sure, that Farage did not start this episode. That was all the fault of the person who briefed the BBC completely false information.
anything that happened after that is completely the fault of the banking group who clearly did not plan this very well.
Regardless of your opinion of Farage, who in their right mind would deliberatly brief jouralists incorrect info? As if he wasn't gong to react in the way he did.
The whole sorry episode is completely the fault of the bank & once this started a blind man could see that the bank's share price would fall. |
Ah is that what Moscow or the Spectator told you? You're going in to bat for the Fash and the mega rich traitors ripping us all off.
The whole right wing from the PM onwards have form for this sort of behaviour. Please stop making stuff up and presenting it as some sort of voice of reason counter. | |
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| Nigel Farage’s boss made a fortune betting against Natwest on 16:50 - Jul 28 with 2041 views | Zapers |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:37 - Jul 28 by Mullet |
Ah is that what Moscow or the Spectator told you? You're going in to bat for the Fash and the mega rich traitors ripping us all off.
The whole right wing from the PM onwards have form for this sort of behaviour. Please stop making stuff up and presenting it as some sort of voice of reason counter. |
Have you checked up on the meaning of the word 'Discriminate' yet?
So biased and as a consequence, deluded. | | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:54 - Jul 28 with 2019 views | Mullet |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:50 - Jul 28 by Zapers |
Have you checked up on the meaning of the word 'Discriminate' yet?
So biased and as a consequence, deluded. |
Have you read that thread since you got all teary-eyed? Lowhouse constantly insisting he meant one thing having said another is not my problem.
How do you explain Nigel lying about not being able to get a bank account and equating that with discrimination (in the proper sense by the by)? How do you explain today's news? | |
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| Nigel Farage’s boss made a fortune betting against Natwest on 16:56 - Jul 28 with 2012 views | Blueschev |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:54 - Jul 28 by Mullet |
Have you read that thread since you got all teary-eyed? Lowhouse constantly insisting he meant one thing having said another is not my problem.
How do you explain Nigel lying about not being able to get a bank account and equating that with discrimination (in the proper sense by the by)? How do you explain today's news? |
He was discriminated against in the sense that he was deemed not wealthy enough to have an account with Coutts Bank, just like 99.9% of the rest of the UK population. | | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:58 - Jul 28 with 1990 views | Mullet |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:56 - Jul 28 by Blueschev |
He was discriminated against in the sense that he was deemed not wealthy enough to have an account with Coutts Bank, just like 99.9% of the rest of the UK population. |
Well yes, which was not what Zapers and the right wing victim patrol were trying to argue at all. | |
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| Nigel Farage’s boss made a fortune betting against Natwest on 17:01 - Jul 28 with 1962 views | Blueschev |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:58 - Jul 28 by Mullet |
Well yes, which was not what Zapers and the right wing victim patrol were trying to argue at all. |
I know, the reaction to this and the swallowing of the false narrative from just about everyone I find simply staggering. | | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 17:13 - Jul 28 with 1917 views | Zapers |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:54 - Jul 28 by Mullet |
Have you read that thread since you got all teary-eyed? Lowhouse constantly insisting he meant one thing having said another is not my problem.
How do you explain Nigel lying about not being able to get a bank account and equating that with discrimination (in the proper sense by the by)? How do you explain today's news? |
You are missing the point. You make this about Farage, it's not, it's about setting a precedence
Some of you are so biased, you cant see the wood for the trees. | | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 17:15 - Jul 28 with 1906 views | Zapers |
| Nigel Farage’s boss made a fortune betting against Natwest on 16:56 - Jul 28 by Blueschev |
He was discriminated against in the sense that he was deemed not wealthy enough to have an account with Coutts Bank, just like 99.9% of the rest of the UK population. |
Sure.Hahaha | | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 17:28 - Jul 28 with 1890 views | Ewan_Oozami |
| Nigel Farage’s boss made a fortune betting against Natwest on 17:13 - Jul 28 by Zapers |
You are missing the point. You make this about Farage, it's not, it's about setting a precedence
Some of you are so biased, you cant see the wood for the trees. |
What is this wood that we are not seeing? |  |
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| Nigel Farage’s boss made a fortune betting against Natwest on 17:35 - Jul 28 with 1861 views | Mullet |
| Nigel Farage’s boss made a fortune betting against Natwest on 17:13 - Jul 28 by Zapers |
You are missing the point. You make this about Farage, it's not, it's about setting a precedence
Some of you are so biased, you cant see the wood for the trees. |
No. It's about knowing how banking works, how business works, and people such as yourself "making it about" National Front Nigel. Laughing at people lapping up his lies and rushing to defend him is not the same thing.
How you've got the gall to sling around insults, get things completely wrong without fail and not answer simple questions whilst spouting this vague whining nonsense is beyond me.
The fact that we've seen in 24hrs this was another grift, as I and many others said and you're still supporting the hate preacher says a lot about you and your shortcomings here. | |
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| Nigel Farage’s boss made a fortune betting against Natwest on 17:49 - Jul 28 with 1832 views | Zapers |
| Nigel Farage’s boss made a fortune betting against Natwest on 17:35 - Jul 28 by Mullet |
No. It's about knowing how banking works, how business works, and people such as yourself "making it about" National Front Nigel. Laughing at people lapping up his lies and rushing to defend him is not the same thing.
How you've got the gall to sling around insults, get things completely wrong without fail and not answer simple questions whilst spouting this vague whining nonsense is beyond me.
The fact that we've seen in 24hrs this was another grift, as I and many others said and you're still supporting the hate preacher says a lot about you and your shortcomings here. |
Let's see if Howard Davies survives. I'm sure you are correct Mullet, Farage only lost his account because he didn't have enough funds;)
All these senior people resigning because.......
I think i know a little more about private banking than you do.
Night,x | | | |
| Nigel Farage’s boss made a fortune betting against Natwest on 18:32 - Jul 28 with 1768 views | HARRY10 |
| Nigel Farage’s boss made a fortune betting against Natwest on 17:49 - Jul 28 by Zapers |
Let's see if Howard Davies survives. I'm sure you are correct Mullet, Farage only lost his account because he didn't have enough funds;)
All these senior people resigning because.......
I think i know a little more about private banking than you do.
Night,x |
"All these senior people"
Is that all, as in all these Turks flooding the EU ? I wonder who put his name to that lie ?
Of course it is mere coincidence that a number of hedge fund managers made a killing on shorting the Natwest share price. And it would be mere coincidence that they are the same folk who are fartrage's boss at kGB Vews.
Of course they had no input into when fartrage publicised the story either. Mere coincidence, that he waited ix months to put the story out. Or never commented that a number of MPs and loads of other folk had similar experiences.
No it was projected as only the poor simple fartrage with his trusty sword of lies and his shield of misinformation who had been so cruelly wronged
But I expect the millions made on this bit of "sleight of hand' will now be distributed to the not too bright in the red wall seats who were conned by fartrage and now find themselves out of pocket. After all, many still tune in to fartrages nightly broadcasts
"Ourmoney calling, ourmoney calling " | | | |
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