Mandy in Charge
Discussion
gingerpaul said:
I think Mandy has probably been running things for a while in reality.
Mandleson a.k.a. Lord Rhumba of Rio, couldn't lie straight in bed. If he can't even explain his own mortgage dealings, what hope for his handling of anything less transparent?Lest we forget:
The Telegraph said:
Lord Mandelson of Foy and Hartlepool is today facing uncomfortable questions about his housing finance arrangements. The indefatigable Andrew Gilligan (described by Mandelson at the time of the Hutton inquiry as a “loose cannon”) has been digging through publicly available records to explore the Business Secretary’s property dealings.
What has whetted Gilligan’s appetite is just how his lordship could afford to buy a £2.5 million villa in Regent’s Park, one of the capital’s swankier addresses.
He apparently made the purchase in 2006 when he was a European Commissioner, with a salary of about £160,000. The purchase price was almost 16 times his salary, which even by credit crunch standards of over-leveraging looks a little excessive.
At the time, it was reported that he had helped raise the finance by selling shares in an advertising agency as well as receiving a legacy from his mother. But it emerges the shares were sold a year after the purchase, and the legacy amounted to “only” £452,000. Gilligan reckons that about £400,000 is unaccounted for.
Bender.What has whetted Gilligan’s appetite is just how his lordship could afford to buy a £2.5 million villa in Regent’s Park, one of the capital’s swankier addresses.
He apparently made the purchase in 2006 when he was a European Commissioner, with a salary of about £160,000. The purchase price was almost 16 times his salary, which even by credit crunch standards of over-leveraging looks a little excessive.
At the time, it was reported that he had helped raise the finance by selling shares in an advertising agency as well as receiving a legacy from his mother. But it emerges the shares were sold a year after the purchase, and the legacy amounted to “only” £452,000. Gilligan reckons that about £400,000 is unaccounted for.
CoopR said:
AMacA said:
Where is Brown just now? Wondered this when Harman took over...
I was just thinking the same, what with the news about Harman and now Mandy. Has he finally thown a mobile phone too many and somones dialed the men in white coats?http://news.bbc.co.uk/1/hi/uk_politics/8189293.stm
I love the way they have to make a statement about who's running the country.
Us nor them seem to know!
I love the way they have to make a statement about who's running the country.
Us nor them seem to know!
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