#THREAD
Multimillionaire hedge funder Crispin Odey, who has donated £1.7m+ to the Tories, UKIP & pro-Brexit campaigns, has made another killing betting on Britain's economic meltdown, saying his bets against Govt bonds are “the gifts that keep on giving”.
theguardian.com/business/2022/…
Multimillionaire hedge funder Crispin Odey, who has donated £1.7m+ to the Tories, UKIP & pro-Brexit campaigns, has made another killing betting on Britain's economic meltdown, saying his bets against Govt bonds are “the gifts that keep on giving”.
theguardian.com/business/2022/…
Odey, who was a leading backer of Brexit, came to prominence during the 2008 financial crisis, when he made a fortune shorting banking shares.
And now Odey has made another killing by wagering against British government bonds, with his firm's main fund up 145% in 2022.
And now Odey has made another killing by wagering against British government bonds, with his firm's main fund up 145% in 2022.
Odey is on the Sunday Times Rich List for his £825 million fortune, & he has personally managed some $4 billion in assets Odey Asset Management.
Back in 2007 Odey’s firm incubated Jacob Rees-Mogg’s just-launched Somerset Capital Management before it received regulatory approval.
Back in 2007 Odey’s firm incubated Jacob Rees-Mogg’s just-launched Somerset Capital Management before it received regulatory approval.
Odious Odey is also, entirely predictably, a fossil fuel investor.
In the first two months of 2022, his hedge fund surged over 30% from fossil fuel investments that many pension funds & endowments refuse to hold due to their link to climate risks.
bylinetimes.com/2022/09/22/fra…
In the first two months of 2022, his hedge fund surged over 30% from fossil fuel investments that many pension funds & endowments refuse to hold due to their link to climate risks.
bylinetimes.com/2022/09/22/fra…
After Russia invaded Ukraine, Odey cashed in on bets that oil/gas prices would soar. While Odey & his firm reaped £millions, Britons struggle to cope with the #CostOfGreedCrisis resulting from energy price hikes.
Odious Odey embodies everything wrong with the economic system.
Odious Odey embodies everything wrong with the economic system.
And now, again predictably, the greedy, arrogant, odious, sociopathic gaslighting freak is blaming "Remainers" for the run on the pound.
BONUS FUN FACT: Odey was briefly married to Rupert Murdoch's eldest daughter, Prudence.
BONUS FUN FACT: Odey was briefly married to Rupert Murdoch's eldest daughter, Prudence.
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