Nergal and Mammon: GLG chief Emmanuel Roman warns thousands of hedge funds on brink of failure

Saturday, 1 November 2008

GLG chief Emmanuel Roman warns thousands of hedge funds on brink of failure

Emmanuel Roman, the co-chief executive of Europe’s biggest hedge fund GLG, has warned that thousands of hedge funds are on the brink of failure as the global economy contracts with unexpected severity.

By Rowena Mason
Last Updated: 5:50PM BST 24 Oct 2008

Emmanuel Roman, of GLG Partners, said 25pc-30pc of the world’s 8,000 hedge funds would disappear "in a Darwinian process", either going bust or deciding meagre profits are not worth their efforts.
"This will go down in the history books as one of the greatest fiascos of banking in 100 years," said Mr Roman

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Tuesday, January 27, 2009

The European union is little more than a ingenious way of those in power allowing the free flow of cheap labour throughout Europe, accompanied by plenty of flag waving, plenty of shouting democracy and freedom. Certainly these laboring creatures are free ... free to work at the lowest subsistence level, undercutting the established work force in which ever country they flee too.. creating unrest and endless opportunities for the establishment to mouth platitudes, make promises while putting the proceeds or this plot into their deep pockets, the money to be flaunted in whichever way of displaying this wealth appeals to them … £1 million houses, a long line of horses, mistresses and Bentleys, anything that shows their personal superiority, all with a permanent, smug, contemptuous look on their public faces; knowing also, with almost undisguised satisfaction, that at any moment of every day there are a large number of alien people creeping into the woodwork legally or illegally. At Calais, there is and always will be a mass of the World’s unwanted, simply waiting for the guards to look the other way, they having been given the nod there is a demand for higher wages in England, which is rectified by simply opening the backs of lorries ….The French smile at the English naivety , doing all that is possible to help these people cross the Channel to claim “asylum” “benefits” and their “Human Rights” The French do not make France alluring for England bound beggars

There is nothing new in this situation. Throughout history, conquering nations have used the indigenous population as slaves. The “abolishment of slavery” was nothing more than a piece of paper. People are no longer flogged, branded to make them work, or used for personal gratification... The 21st century has more circumspect ways of intimidation. Watching people has become the first priority. Cameras concealed in every crevice, the police, a vast quasi military force, armed to the very teeth with the power to arrest anyone simply for looking the wrong way. The Establishment is terrified of the slightest uprising of those toiling for them; the slightest impediment which may hinder the accumulation of their wealth. The top 2% of the population now own 98% of the Worlds assets, which is not enough. They want the lot and will not sleep until they get it.

Orwell never saw this side of humanity, the stark greed... rather he saw people wanting “Control”, as with Blair. He never visualizing the dramatic results of his iron fisted grip on England, the deterioration of everything and everyone to the lowest common denominator, anyone, anyone at all, regardless, was not allowed to speak out, punished heavily in the “Courts of Law” with the threat of the word “racist” or refusing to be “politically correct” or for interfering with a person’s “Human Rights” all of these concepts being the manifestations of his wife, a barrister, who doubtlessly seeing the distinct financial gain to be made from these edicts, she, possibly the most dominant, grasping, vitriolic, vociferous woman in recent political history, without any doubt also being heavily backed by the Bush tentacles for whatever deep, political, financial motives that regime had decided on, which would account for her sheer confidence and her acrimonious contempt of everything and anyone who did not see the “situation” her way.

When she realized the deep depths of despair England had sunk into over the crushing of the individual and clearly seeing the impending financial pandemonium, the bureaucratic bludgeon being used indiscriminately at every level of society, the threats, the deliberately created overpopulation with the resulting reaction of the individual as rats in a trap, only then, struck by the stark realization, did she order the person she was married to, to pack his things and make the most impeccably timed discreet exit of any politician, taking with them their accumulated millions. A faint wave, farewell to a few friends, very few, simply leaving the country, no fluttering flags, no speeches, no anything, leaving England in the hands of a Roman Catholic Scotchman, unelected, unwanted .

The greed aspect has never openly manifested itself as in the 21st century ... Hitler had “cheap labour”... he paid nothing… but he, his party, or any other power throughout history, other than the Romans, did not have the open excesses of society now and the “disgusting excesses” as the lady said, of the West Indian sugar plant owners…which may have been the very seeds of 21st cent acceptance of greed as a God, or simply forget God and go for the money, which is about the way The United State and it’s ancillary, England, has gone.

There is the point that no one could do anything about it ... the working class chained in every conceivable way and always will be. In the “office” of the Adelaide Seaman’s Union there is a large beer stained poster showing a “Capitalist” dressed in black, waving a stick; the caption being an old one but the absolute truth.
“Workers of the World unite: you have nothing to lose but your chains”

Perhaps there is now some creeping unease in the Citadels of Brussels, London, Paris, (President Sarkozy, his current penchant for expensive, dominant females) Rome, all the rich European capitals… that as America has now gone Black ... Europe through it’s greed in letting in countless millions of black and coloured workers into Europe and given them the right to vote, there is now enough of them to vote decisively… vote all the other way... This aspect was never considered; never apparently occurred to the upper echelons; they, too busy dinning their secretaries, or their “personal trainers” buying the very latest extravaganza, the largest properties…..the biggest yachts, at the same time, breathlessly on their mobile telephones doing billions of pounds worth of “deals” which have no substance, no foundation, simply numbers on millions of computers. Enron being the first small tip of this grasp of greed. The repercussions of attempting to get a percentage of nothing has devastated the World.

Applegarth had such big ambitions. But the business model just collapsed when the credit crunch hit. Luckily for Applegarth, he walked away with a wheelbarrow of cash to ease the pain of his failure, and spent the summer playing cricket. (Guardian)
One or two did see a situation coming

The bottom line of this madness for money will culminate with minarets on Buckingham Palace, vast, black masses thronging the Mall, spilling into Trafalgar square, endlessly chanting ‘King Vaz the First” Not even a question mark as to this eventuality, not even as a long term view in the present economic chaos. Perfect time in history for Islam to make the move it has so long waited for, the physical annexation of England.

The Muslim conurbations in the peripheries will simply rise up. The plastic, plodding, beaten, obese, lethargic English will concede to Islam as it is the easy way out of a situation beyond Coronation Street, football and it’s strange moronic “heroes”.

There is no alternative for this fallen, disintegrated nation of once proud people. In the British Isles there is not another Churchill to step forward in this moment of crisis, no other voice to be heard, or more fundamentally, allowed to be heard, other than the painful, pious, platitudes from the supercilious entrenched rich who rule these Isles from their clubs in Mayfair and Pall Mall , not from the corridors of Westminster

The rest of Europe will intercede quite dramatically, the words of Enoch echoing along their inflamed streets “Rivers of Blood“.

As someone said quite recently…

“Time to emigrate”.

George Monbiot The Guardian 27th Jan 09;
It is fitting and unsurprising that the scene of the new scandal is the unelected second chamber, whose proper reform Blair and Brown have spent 12 years avoiding. The deregulation of the banks, the love affair with the neocons, the failure to tax the rich, “Peter Mandelson” ... is there any slithering cop-out that has not now returned to haunt this government?

The premise of Robert Harris's novel “The Ghost” - that Blair's premiership was the creation of a foreign intelligence service - is correct in spirit if not in substance.

For 12 years the British government has acted as an agent of other powers: the US; big business; big money; anything except the electorate.

It is hard now to believe that it was elected in a frenzy of hope very much like the excitement surrounding Barack Obama which will be short lived once it is realized that he too is possibly in the grip of “other forces”.

The English , over the last four decades, managed to have control taken from them by the Scottish people to the point where they control all pinnacles of power, however, while they are stuffing their bags full of loot in readiness to rush back North , knowing full well the English have stopped watching Coronation street and football… woken up rather late maybe and want them out, the situation does not end quite there, rather the reverse. Within the Capital and more emphatically in the periphery, Luton, Nottingham, Sheffield all such conurbations, Islam is deeply entrenched , but constrained, waiting for the moment for their multitudes to rise up, possibly as Gordon Brown hurriedly boards the last Express train 19.00 hrs Kings X to Edinburgh.
Islam, in it's turn, swiftly overpowering the remnants of the plastic, plodding English, but finding itself confronted by knife wielding, vast hordes of underworld thugs of all calibrations, who have no interest, conception, understanding of politics, religion… morality. "Nothing". Their sole purpose, pursuit, is violence for violence sake, a vicious, unnatural, mindless breed of creatures, unknown to these Isle in it's long history. A quite unexpected creation for the virulent left. Nihilism in a extreme never visualized. In effect making all previous imaginative or otherwise horror scenarios as a "bed time story", something once told by parents to their children to lull them peacefully asleep, before such practices were banned politically by dark people in dark places , none so secretive, so obscure, so totally committed to the destruction of England as Jack Straw, the only keyholder to room 102.
The politics of the left have broken England in every way, financially, physically, mentally, morally. The minions of the left, for whatever reason, have successfully conspired to bring all factors down to the lowest common denominator, with devastating results Their weapons were not obviously oppressive, a creeping paralysis of "free speech". Introduction of "Human Rights" and "Politically correct" procedures deviously brought in, with the emphasis being all one way… towards the endless flow of black people flooding into the country... The indigenous population incredibly accepted these dramatic changes, accepted that they were being watched, controlled by big brother night and day.. a strange resignation, despair? collapse, of a once proud people.
Future historians will ask the same question that is being asked at this moment… Why ?

Nergal and Mammon

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Saturday, 1 November 2008

GLG chief Emmanuel Roman warns thousands of hedge funds on brink of failure

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Tuesday, January 27, 2009