Jump to content
House Price Crash Forum
Sign in to follow this  
interestrateripoff

Simon Lewis Goes From Pm's Spokesman To Banking Lobbyist

Recommended Posts

http://www.guardian.co.uk/business/2010/sep/16/simon-lewis-pm-spokesman-bank-lobby

He was Gordon Brown's spokesman when the former prime minister pledged to stop "a return to those terrible old days when people justified big bonuses and we found out that they were based on speculation and short-term deals".

But from next month Simon Lewis will be fighting to ensure that big bonuses are all the rage after being appointed to head a new cheerleader for the investment banking industry.

The Association for Financial Markets in Europe has hired Lewis, who was also the Queen's PR man, as its chief executive as it steps up its lobbying in Europe where policymakers are attempting to crack down on the financial services industry.

As director of communications at Number 10 and the PM's official spokesman – a role he held between June 2009 and May 2010 – Lewis was also working for Brown when, as prime minister, he said that "hundreds of millions of dollars" should be paid to taxpayers if allegations of fraud at Goldman Sachs were true.

Goldman Sachs – which settled the fraud allegations with the US securities and exchange commission in July – is a member of AFME. The body also represents big City law firms, insurance companies and fund managers. Lewis said that he was looking forward to working towards "a more efficient and orderly financial system".

His stint at Number 10 was Lewis's first experience of politics and his new post takes him back to where he started his 25-year career – the City. The elder brother of former Telegraph editor Will, Lewis has worked at City firms SG Warburg and NatWest as well as stock market-listed companies Centrica and Vodafone.

Gaël de Boissard, the Credit Suisse banker who chairs AFME, said Lewis had a "unique blend of political insight, experience of highly regulated industries and communications expertise".

I love the irony of this.

I'm not certain he'll be cheerleadering for bigger bonuses just yet, but I like his sense of timing.

Full marks.

Share this post


Link to post
Share on other sites

A relative of mine went from a job in the treasury to a lobbying job for an investment bank.

He effectively gets paid very well to meet former colleagues and tell them not to be too hard on the poor banks. It is legalised corruption.

Share this post


Link to post
Share on other sites

http://www.guardian.co.uk/business/2010/sep/16/simon-lewis-pm-spokesman-bank-lobby

I love the irony of this.

I'm not certain he'll be cheerleadering for bigger bonuses just yet, but I like his sense of timing.

Full marks.

When someone waves their **** squarely in your face, is it ironic?

I dont think it is.

As the post above says, shameless. I would add inevitable and unsurprising too.

Edited by shindigger

Share this post


Link to post
Share on other sites
The Association for Financial Markets in Europe has hired Lewis, who was also the Queen's PR man, as its chief executive as it steps up its lobbying in Europe where policymakers are attempting to crack down on the financial services industry.

Talk about taking the p*ss <_<

Teflon Tony wouldn't mess around with this nonsense as they definitely have weapons of (financial) mass destruction;

& if they haven't, Merv will (re)supply them very soon for the very last time; if not for the very very last time

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 261 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.