There's a conflict of interest for any politician,
who takes the money of a hedge fund in that,
they may be swayed the politician by the financial interest.
Now this has arisen again over Boris Johnson because as Byline Times detected:
The sponsors, the backers to his leadership campaign,
were dominated by hedge funds and City traders.
In fact we calculated of those 40 donors declared by the Electoral Commission,
30/40 were hedge fund owners and city traders.
They provided 65% of the money which Johnson got for his campaign.
To what extent is he swayed by their interest?
The day before Boris wins the leadership,
Crispin Odey was interviewed he says: "They should suspend Parliament"
Like it was going to happen, like he knew about it:
"You're not going to change this current Parliament so you've got to dissolve it in some way"
It then emerged that he had invested in Boris Johnson's campaign and at that time,
laid a big short for about £299 million on British equities.
Worthy of Investigation, worthy of concern.
Up to £300 million pounds Odey was betting at the time,
he seemed to know or seemed to have guessed,
that Boris Johnson might suspend Parliament.
He also said in that documentary:
Well Boris could do this other clever thing he could,
call an election and then move it till after Brexit.
"Well he gets the support of Labour to have the election,
by promising them the 5th to 14th of October,
and then chooses the 5th of November.
Well I think at that point I really would be toasting,
I would be drinking heavily I think..."
I think this is why Boris' sister said:
"It could be Dominic Cummings advising the prime minister to be extremely aggressive,
it also could be from people who have invested billions in shorting the pound,
or shorting the country in the expectation of a No Deal Brexit"
Former Chancellor Hammond said the same thing.
Is there a more ruthless side of him? Is it financially interested?
That's the danger that he could be motivated by the potential rewards.
By being in this entourage maybe he feels very poor,
compared to this entourage of multi-millionaires.
This is a man who thinks £250,000 for a column a month is nothing.
He got £80,000 for one speech to a hedge fund.
Always a problem when politics mixes too much with very wealthy men.
Crispin Odey quite famously said that he had made personally,
£200 million the night of the Brexit referendum he said:
"The morning has gold in its mouth"
And looked very luxurious and very happy with himself, who wouldn't be.
He had contributed £800 - £870,000 to the leave campaigns.
And actually just before Brexit it was through his firm,
that Somerset Capital Management Rees Mogg's firm was incubated,
by Crispin OD, Crispin OD actually donated to Jacob Rees-Mogg parliamentary campaign.
Odey is Rupert Murdoch's ex-son-in-law.
Jacob Rees-Mogg is the son of Rupert Murdoch's ex editor,
William Rees-Mogg who used to edit The Times.
Who has written a book about disaster capitalism actually,
about how the only way to make money is through disaster,
in the later phases of civilisation.
So you have a very tight nexus of well-connected wealthy individuals,
I'm told there are other hedge funds more closely embedded,
with Johnson and his entourage.
This is a matter of public concern,
no Minister should have a conflict of interest or an appearance of conflict of interest.
and we've got at very least the appearance of a conflict of interest.
In a turbulent world there is always money to be made in turbulence.
Since 2008 money has had very little places to go,
but one of the things you can look at and make money if you get it right,
are sudden shock events.
Brexit has been one of those, Trump has been one of those.
In that situation hedge funds can, if they get it right, make a lot of money.
What if those hedge funders are participating,
on something they're speculating on.
Paul Marshall invested very heavily in Vote Leave,
and big supporter of Michael Gove.
It was Marshall who persuaded Gove,
in Febuary 2016 to back the leave campaign.
So here's a major hedge fund owner and he had the key voice with,
apart from Boris Johnson, the other major leader of the Vote Leave campaign.
Those two figures have such financial interests around them,
that appear to have swayed them.
Both in 2016 with Gove's decision,
to join the vote leave campaign to Camerons shock,
and now 2019 with Johnson trying to suspend Parliament and try all these tricks.
It does suggest doesn't it to any rational person.
That money is speaking to heavily in our democracy,
and some very rich people have much more sway than you or I.
A lot of of people just don't know these stories,
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Journalism and media is a key battleground,
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