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spyguy

Gordon Brown Joins Pimco As Advisor

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http://www.ft.com/cms/s/0/3cae4d6e-9cfd-11e5-b45d-4812f209f861.html#axzz3tfL348Ny

'Yeah. Dont buy any gilts. I fcked that up real bad.'

Says a great deal about Pimcos lack of judgment in deeming a now more than 5 years departed one eyed snot gobbling borderline Aspberger ex-PM (and short duration at that too) as being somehow worth taking on board.

What info can he possibly share with them that could be of any meaningful worth? He hardly has any insight into the mindset of the current incumbent. Anything he can divulge will be now ancient history.

Edited by anonguest

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Says a great deal about Pimcos lack of judgment in deeming a now more than 5 years departed one eyed snot gobbling borderline Aspberger ex-PM (and short lived at that too) as being somehow worth taking on board.

Have you read anything that Pimco's ex-prima donna, Bill Gross, has written? Mainly about Pimco not treat Bill Gross like Bill Gross.

http://ftalphaville.ft.com/2015/10/08/2141788/that-bill-gross-law-suit-in-full/

Ed Ball's brother works for Pimco. I think he's the head of UK fixed Pimco.

'Go on, bro, give him a job. Any job. He can fetch sandwiches for you'

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'There will also be an annual speech to the company’s “secular forum”, which debates how to invest through the boom and bust cycles that, as chancellor, he once claimed to have abolished.'

Ha! Who'd be a banker.

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He's going to advise them on investing through boom and bust cycles.

https://twitter.com/GuidoFawkes/status/673968955380269056/photo/1

There comes a point where so many things are so ridiculous that in a sense nothing is ridiculous any more. With the government making 40% interest-free loans for people to buy houses in London that they can't afford, why shouldn't Pimco hire Brown to talk them through credit cycles? At least with this new role there is a non-zero chance that somebody at Pimco is simply having a laugh.

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Just another self serving incompetent employed by the banking sector. Like before he'll still be sponging off taxpayers and savers etc.

Maybe his one saving grace might have been to stay out of the financial sector - but no.

Edited by billybong

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Latest in a long line of socialists to take the City's cash.

https://en.wikipedia.org/wiki/Patricia_Hewitt

'After cabinet – consultancies and directorships

In January 2008, Hewitt was appointed special consultant to the world's largest chemists, Alliance Boots. Such an appointment was controversial given Hewitt's former role as Health Minister, resulting in objections to her appointment by members of a Parliamentary committee. Hewitt will also become the special adviser to private equity company Cinven, which paid £1.4billion for Bupa's UK hospitals.[39]

In March 2008, Hewitt joined the BT Group board as a non-executive director.[40] She joined the group on 24 March 2008.[41] In July 2009, Patricia Hewitt joined the UK India Business Council as its chair.'

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There comes a point where so many things are so ridiculous that in a sense nothing is ridiculous any more. With the government making 40% interest-free loans for people to buy houses in London that they can't afford, why shouldn't Pimco hire Brown to talk them through credit cycles? At least with this new role there is a non-zero chance that somebody at Pimco is simply having a laugh.

Who knows? Maybe Jeremy Corbyn will join the BAE board?

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They don't look to these people for advice.

It is the establishments way of rewarding people in power who do the "right thing"

Don't go in and break up any power structures and we'll see you right. It isn't as blatant as that, and it is entirely unwritten, but it is very much understood.

The more blatant side of it is the revolving door between the treasury and the financial sector. Do a couple of years in the treasury and you are guaranteed a government liaison job with a bank on twice your money.

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They don't look to these people for advice.

It is the establishments way of rewarding people in power who do the "right thing"

Don't go in and break up any power structures and we'll see you right. It isn't as blatant as that, and it is entirely unwritten, but it is very much understood.

The more blatant side of it is the revolving door between the treasury and the financial sector. Do a couple of years in the treasury and you are guaranteed a government liaison job with a bank on twice your money.

Bingo.

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This is the one man above all others who I blame for the housing crisis in the UK today. Not David Cameron, not the Banks, not Kirsty Bitch face Allsopp, not Tony Blair, not estate agents, or the media, though all of them played their part along with others.

Gordon Brown is a dangerous man, whatever he touched turns to s***

That idiot really does believe he saved the UK in the financial crisis. It's like he stabbed someone in broad daylight and then gave him first aid to save his life as he blamed Mr Smith(USA) for the stabbing as he held the bloody knife in his hand.

The Brown touch :)

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Says a great deal about Pimcos lack of judgment in deeming a now more than 5 years departed one eyed snot gobbling borderline Aspberger ex-PM (and short duration at that too) as being somehow worth taking on board.

What info can he possibly share with them that could be of any meaningful worth? He hardly has any insight into the mindset of the current incumbent. Anything he can divulge will be now ancient history.

This was actually a pretty smart move on PIMCO's part. For a bargain price, they can send the message to all current politicians that, no matter how cr@p you are, the bankers will see you right (as long as you play our game).

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You couldn't make this up...what planet are pimco on?

This is the pri*k that SOLD Gold at the BOTTOM...and annonced the sale to the world!

BUMP anything you have with pimco NOW!

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Bingo.

Not really, He isnt keeping any of the pay.

Well so he says anyway.

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And Alistair Darling joins Morgan Stanley. They are all at it! Blair's Labour should give lessons to FIFA on the "right" way to do corruption.

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They even surpressed the article where they said he loses marbles in 2009 by talking about the New World Order - this man has been elevated to illuminati status! No ones' laughing at him now.

Recession is the birth pangs of a new global order, says Brown

http://www.dailymail.co.uk/news/article-1128586/Recession-birth-pangs-new-global-order-says-Brown.html

Don't believe in shape shifting lizard men, or satanic worship? You should now.

https://www.youtube.com/watch?v=e8ZNx5opPDc

Edited by 200p

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