Evil Diaries: Those Naughty Journos

The power of the press: About seventy years ago an English archbishop stepped off the liner to be greeted by a number of hacks. One of them asked the archbishop why he had come to New York and was told that he wanted to discuss theological matters with his American counterparts. The next question was “Will you be visiting any night clubs?”. “ARE there any night clubs?”, asked the archbishop. And thus the headline the following day was “Archbishop’s first question is are there any night clubs?”

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I am halfway through Andy Verity’s book RIGGED covering the Libor rigging trials. It is a very shocking account. Tom Hayes is yet to be cleared but it is hard to see how he won’t be.

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Finally, I am still tutoring investors, particularly less experienced investors, in how to develop a portfolio which has a reasonable chance of success at lowest cost. My telephone number remains 07966 426 795.