maddyone
Not sure that I think that is a reliable source Casdon.
You’re dead right, we have to be careful about sources and what we believe too easily.
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I had never heard of her before today. I am a NatWest customer. I did a quick google search on her. Having done that, my first opinion is that she should not have been pushed out of a job that she has spent a working lifetime on. So why? I appreciate that she made a mistake even saying that NF was a customer. However that is a minor mistake. I don’t know what she gains by resigning but I guess she isn’t poor. As a female customer for now in this 37% owned bank from the day I left school (bank ownership notwithstanding). Having now told the world who I bank with I am now off to investigate the £200 bank swap deals; for no other reason than I hate to see the woman at the top of her game being forced out by a load of male politicians.
maddyone
Not sure that I think that is a reliable source Casdon.
You’re dead right, we have to be careful about sources and what we believe too easily.
What, the Telegraph? There is plenty of coverage of this.
www.standard.co.uk/business/gb-news-owner-s-firm-makes-millions-as-natwest-shares-slide-b1097128.html
uk.finance.yahoo.com/news/gb-news-owner-fund-makes-111503564.html
www.telegraph.co.uk/business/2023/07/26/paul-marshall-hedge-fund-nets-millions-bet-against-natwest/
www.thenational.scot/news/23683277.nigel-farage-row-sees-gb-news-owner-profit-shorting-natwest/
Oreo
maddyone
Not sure that I think that is a reliable source Casdon.
You’re dead right, we have to be careful about sources and what we believe too easily.
If you knew me Oreo you’d know I’m an absolute pain of a source checker.
Casdon
Oreo
maddyone
Not sure that I think that is a reliable source Casdon.
You’re dead right, we have to be careful about sources and what we believe too easily.
If you knew me Oreo you’d know I’m an absolute pain of a source checker.
Well I think you missed a couple of facts in all the sources you linked.
Which actually were all framed around just one.
Did you notice that this 'article' mentioned that this was a computer generated hedge fund?
Which essentially means the decision on where the hedge fund moves it's money, is based on an algorithm (those pesky algorithm's again).
Not an individual.
'Marshall Wace held a shortening position since the spring, but pared it's NatWest bets back more recently'
As I see it, a computer generated a course of action, for the hedge fund. Which it changed recently (to the detriment of Paul Marshall's account).
In the end making five million.
It doesn't imv, warrant all the fuss.
The way TLE has framed this, it's clear it's fishing for clicks.
As for the Telegraph, your guess is as good as mine. Maybe they too thought they could sell more papers, or just report the story. I don't know.
I think Marshall is worth 680 billion according to one of your links.
Using the Tesco strap line 'every little helps' I suppose.
Most of these articles are just diddling around spouting spurious gossip, to make some money. Fine.
I did notice TLE made sure the hedge fund info was in the last paragraph, and given the gloss of a joke, to
a) stop it being sued and
b) give the reader the feeling of being in on the back story.
I think it might add some clarification to look more closely at sources too.
The London Economic has been described as having a
strong left wing bias, always favours the left, consitantly uses loaded headlines.
As I said earlier I don't blame them for high lighting the story, but the link they tenuously make and you bought hook line and sinker, is following exactly the same procedure as AR and Oliver Jacks.
Look where that got them.
I'll call this a non story, until or unless some one comes up with evidence of fraud.
FranA, I'm sorry but, I don't agree much with anything in your opening post


Primrose53
nightowl
Well, I find myself in unexpected company. As a self defined socialist who has been labelled far left and even a communist on here I have no doubt which side I am on. I loathe and detest everything Nigel Farage stands for but I can’t see how anyone can defend the bank’s actions or fail to be simply furious that someone as unsuited to her job as Alison Rose could now be given a multi million pound payout, courtesy of the rest of us.
Anyone can change their mind you know nightowl!
I was brought up in a Labour household, a Labour road and a Labour area. It’s only in recent years that I have not voted for them and I now cannot imagine ever voting for them again. My Dad would turn in his grave! 🤣
I haven’t changed my mind to that extent Primrose
- dyed in the wool socialist here. Never communist, despite what some people believe, not that I have anything against communist thinkers just it’s not my cup of tea. I grew up in much the same environment as you - my dad was a shop steward, Labour Party member, fighter for the underdog. He actually moved closer to the centre as he got older (sadly, he never got old), and we had many heated discussions!
What I believe in most of all is fairness, and I don’t believe Nigel Farage has been treated fairly or ethically. It doesn’t matter how bad you think someone is, or how much you believe you are right, you have to live by your own principles and not stoop to the level of your opponents. As someone far wiser than me once said, ‘they are not our teachers’.
Shinamae
tickingbird
Cossy
Primrose53 Disgusting language…. Really… At least you made me smile, which is more than Farage ever has grin
He’s made an awful lot of people cry and stamp their outraged feet though and that makes me smileMe too! 😁
#metoo
Whitewavemark2
It is being reported today, that The Treasury and Nat Wests board have backed her all along. It is Sunak and Hunt who have pressurised her to go and have now caused consternation amongst bank officials because Sunak failed to follow due process, and in doing so has damaged U.K. plc.
Rachel Reeves rightly called out the bullying of Ms Rose.
Of course they back her, they've all signed up to ESG!
Group think.
I don't think much of RS or JH as a rule, but maybe I should look more closely now.
ESG has damaged UK plc.
Along with AR and OJ BBC behaviour. Too arrogant by half.
AR broke the banks code, pure and simple.
She should have stood by her actions, but again she was less than courageous, and had to be persuaded to leave.
She has imo actually let women down.
RR should be ashamed of trying to twist this into a 'feminist issue'
It's hard enough for women in the Labour party to get on with out her and Jess Philips picking fights with women who don't agree with them.
no amount of squirming by RR,
Namsnanny
Casdon
Oreo
maddyone
Not sure that I think that is a reliable source Casdon.
You’re dead right, we have to be careful about sources and what we believe too easily.
If you knew me Oreo you’d know I’m an absolute pain of a source checker.
Well I think you missed a couple of facts in all the sources you linked.
Which actually were all framed around just one.
Did you notice that this 'article' mentioned that this was a computer generated hedge fund?
Which essentially means the decision on where the hedge fund moves it's money, is based on an algorithm (those pesky algorithm's again).
Not an individual.
'Marshall Wace held a shortening position since the spring, but pared it's NatWest bets back more recently'
As I see it, a computer generated a course of action, for the hedge fund. Which it changed recently (to the detriment of Paul Marshall's account).
In the end making five million.
It doesn't imv, warrant all the fuss.
The way TLE has framed this, it's clear it's fishing for clicks.
As for the Telegraph, your guess is as good as mine. Maybe they too thought they could sell more papers, or just report the story. I don't know.
I think Marshall is worth 680 billion according to one of your links.
Using the Tesco strap line 'every little helps' I suppose.
Most of these articles are just diddling around spouting spurious gossip, to make some money. Fine.
I did notice TLE made sure the hedge fund info was in the last paragraph, and given the gloss of a joke, to
a) stop it being sued and
b) give the reader the feeling of being in on the back story.
I think it might add some clarification to look more closely at sources too.
The London Economic has been described as having a
strong left wing bias, always favours the left, consitantly uses loaded headlines.
As I said earlier I don't blame them for high lighting the story, but the link they tenuously make and you bought hook line and sinker, is following exactly the same procedure as AR and Oliver Jacks.
Look where that got them.
I'll call this a non story, until or unless some one comes up with evidence of fraud.
No, I didn’t miss anything. He made money. Fact. Whether it was made through a computer generated algorithm or not wasn’t the point I made, just that he made money.
legally fact
Yes it was definitely a computer algorithm that did the shorting on Nat West stocks, no conspiracy - which I am sure will disappoint some of you.
The problem is people are actively believing gossip, and then repeating it.
Then telling others who don't agree with them, they are being manipulated.
Which is objectionable imv.
NF has been told he can have both a private and business account now! 👏👏
That’s with Nat West/Coutts.
Primrose53
That’s with Nat West/Coutts.
Big U turn isn't it?
He is coquettishly biding his time before he signs back on the dotted line.
NF has asked for a meeting with the top dogs at Coutts. Face to face.
Before he makes his decision.
I wonder how that will go 
nightowl
Primrose53
nightowl
Well, I find myself in unexpected company. As a self defined socialist who has been labelled far left and even a communist on here I have no doubt which side I am on. I loathe and detest everything Nigel Farage stands for but I can’t see how anyone can defend the bank’s actions or fail to be simply furious that someone as unsuited to her job as Alison Rose could now be given a multi million pound payout, courtesy of the rest of us.
Anyone can change their mind you know nightowl!
I was brought up in a Labour household, a Labour road and a Labour area. It’s only in recent years that I have not voted for them and I now cannot imagine ever voting for them again. My Dad would turn in his grave! 🤣I haven’t changed my mind to that extent Primrose
- dyed in the wool socialist here. Never communist, despite what some people believe, not that I have anything against communist thinkers just it’s not my cup of tea. I grew up in much the same environment as you - my dad was a shop steward, Labour Party member, fighter for the underdog. He actually moved closer to the centre as he got older (sadly, he never got old), and we had many heated discussions!
What I believe in most of all is fairness, and I don’t believe Nigel Farage has been treated fairly or ethically. It doesn’t matter how bad you think someone is, or how much you believe you are right, you have to live by your own principles and not stoop to the level of your opponents. As someone far wiser than me once said, ‘they are not our teachers’.
What I believe in most of all is fairness, and I don’t believe Nigel Farage has been treated fairly or ethically. It doesn’t matter how bad you think someone is, or how much you believe you are right, you have to live by your own principles and not stoop to the level of your opponents.
I couldn't agree more.
In spite of the possibility that NF is exploiting this for his own ends (I admit I don't like the man), he has been wronged. And that wrong isn't lessened or heightened by the fact that he is disliked by some, and popular with others. The man is entitled to redress, regardless.
If only the treatment of those poor postmasters* had been given so much publicity and their case dealt with as quickly as Farages, though.
*and others in society who have been unfairly treated
I agree with your post MayBee70
I suppose it shows the difference between having a high profile figure championing a cause, and one without.
I think the inquiry is still on going?
What a heartbreaking debacle that turned out to be.
What I believe in most of all is fairness...
nightowl/Dickens and others who have echoed this 👏
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