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Tony Blair sets up "finance boutique" for super rich


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Story on The Times Online but as it's behind a paywall, I'm linking to a couple of other sources:

 

Tony Blair's new 'bank' for super-rich

 

Tony Blair has formed his own finance boutique in London to offer investment services to global funds and the super-rich.

 

His Mayfair-based company has recruited senior financiers and has been authorised by the Financial Services Authority. It will effectively be a fledgling investment bank.

 

News of the former British prime minister's diversification into finance will help to explain how he can afford to give away the estimated 5 million pounds proceeds of his memoirs, A Journey, to the Royal British Legion. His predecessors in Downing Street have relied on their books to provide for their retirement.

 

Since leaving office in 2007, Blair has amassed a fortune estimated to be in excess of 20 million pounds. He has combined his role as a roving statesman with charitable work and paid advisory roles.

 

When he first launched the Tony Blair Associates consultancy, he said it would provide "strategic advice on both a commercial and pro-bono basis, on political and economic trends and government reforms". It has provided advice to the Kuwait government and to Mubadala, a sovereign investment fund in the United Arab Emirates.

 

It is now able to offer a range of financial services to clients. His investment firm is just one of a string of companies -each called either Windrush or Firerush - that he created after leaving No 10.

 

LINK

 

LINK

 

Once again Tony displays his Working Class Hero, Man of the People credentials with pride. In fact I think Clement Attlee had a finance boutique as well, along with Keir Hardie in his day. :rolleyes:

 

Now can anyone explain to me the difference between the "rich Tories favoring their wealthy friends" and the "rich Tony Blair and his wealthy friends"?

 

NuLabour/Conservative, there is no difference.

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Old moneybags at it again!

Now he;s starting a bank for the super rich!...............seems like there's no stopping those Socialists once they get their nose in the trough,and yet they will persist telling you it's not fair to keep amassing loadsa wonga! like they are always accusing Tories of!..........................the Blairs think it quite fair thankyou!

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Old moneybags at it again!

Now he;s starting a bank for the super rich!...............seems like there's no stopping those Socialists once they get their nose in the trough,and yet they will persist telling you it's not fair to keep amassing loadsa wonga! like they are always accusing Tories of!..........................the Blairs think it quite fair thankyou!

 

Sorry, what? :confused:

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Old moneybags at it again!

Now he;s starting a bank for the super rich!...............seems like there's no stopping those Socialists once they get their nose in the trough,and yet they will persist telling you it's not fair to keep amassing loadsa wonga! like they are always accusing Tories of!..........................the Blairs think it quite fair thankyou!

 

Blair's not a socialist

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