"The City “hedge funds” have become the largest donors to the Conservative Party (see chart above) which is de facto their political intermediary. And these same “hedge funds”, of course, have a special affection for the British Eurosceptics of whom Roger Cohen paints a particularly edifying picture in the New York Times of 13/12/2011. What the British Eurosceptics have against Angela Merkel, is not that she’s German, but that she’s not a Nazi. If it were so, their ideas of “superior race” could be expressed more easily within the EU."
"The City is a feudal relic that escapes all genuine regulation within the United Kingdom. Even if only because it is a huge financial center that too few controllers "control", supported by the extensive network of tax havens created from the confetti of the former British Empire. For information, France Télévisions has just broadcast a remarkable report on the City on 11/2011. One could say that the City is a kind of “pirate” base like the Barbary corsairs that the European powers finally mastered by military campaigns in the nineteenth century, after centuries of piracy and smuggling of all kinds."
One could almost substitute "Wall Street" for "The City" and they would still make sense. Pirates in Pinstripes.
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