Today was Joshua’s birthday party so I am pretty whacked. In the podcast I look at how we fail to tackle financial crime – just 67 arrests by the dedicated unit responsible in H1. Then to ShareSoc. Will it on Wednesday blow off Jeff Prestridge as he blew off Neil Woodford? Or will it face him down and put one of the main enablers of what went on via his yellow journalism on the spot? I suggest some questions that Cliff Weight needs to put to Mr Presstrip. Or what abut listener Steve, would such an online showdown cheer you up?
Thanks to Winnileaks I have obtained an explosive document prepared by Neil Woodford in January 2018 in which he answers questions put to him by Old Mutual for whom he – at the time – managed a value fund. I publish it in full and it is explosive in part because Woodford – for once – shows a degree of honesty in what he says. And that makes it all the more damning. If the FCA can be bothered to read this it explains in a nutshell why Neil Woodford should never again be allowed to manage other folk’s cash.
For 20 years Jeff PressTrip built his name at the Mail on Sunday with his exclusive chats and scoops from Neil Woodford. The quid pro quo was that he blew the man off in print once a fortnight and he ensured that Mail on Sunday Readers ALL owned shares in the doomed Woodford funds. Even a day before Equity Income was gated, the Mail on Sunday urged its readers to show faith. But the corrupt old bastard (PressTrip not Woodford) wishes us to forget that and today again rails against his ex-mate saying how disgraceful is his planned comeback.
Yes, it is corrupt to claim that with 60 articles a year you are chasing Neil Woodford when you were for two decades his greatest cheerleader on Fleet Street. Jeff Prestidge ignored ALL the warnings and kept on urging Mail on Sunday readers to average down on Woodford funds. He should hold his head in shame. He demands transparency over Woodford while I demand transparency from him so I have 4 questions the loathsome reptile will not answer. I also look at bent PR-led journalism at the Sunday Times ref BT (BT.) Then it is onto Reach4Entertainment (R4E) where the FCA and AIM Regulation should be all over the company, its CEO Marc Boyan, and chairman Lord Grade.
This is another situation where I ask for valuable feedback from our readers and Tom will add an editor's note reading something like "Darren is being utterly mad."
In today's bearcast I reflect on the start of Advent which I miss in Wales and on its start here in Kambos Greece. I look at pay at the big accountants and what it says about the sanctions against such folk when they screw up. Then it is onto Neil Woodford's biggest cheerleader in the press until recently, Jeff Prestridge of the Mail on Sunday and his demands for action against the guilty parties in this scandal. Jeff misses out two of the guilty parties and misses the point on the rest.
For some reason, Britain’s most disgraced fund manager held this AIM dog in his Equity Income Fund though the chances of it paying a dividend made my chances of getting lucky with Cheryl Cole look like a nailed down sure fire certainty. Today there is another body blow, clinical failure, but the real issue, if you do the maths, is looming insolvency.
I start the podcast discussing legalisng cannabis, I cover the idea of investing in it HERE. Then I look at coverage of disgraced Neil Woodford in the Sunday Times and in the Mail on Sunday c/o Jeff Prestridge. Mr Presstrip has sunk to a new all time low and both papers cast a stain on an entire profession.
It's pretty gratifying that Will Panorama credit the folk who exposed Neil Woodford on Monday: here are our top 50 exposes since 20 is the number one story this week. The Panorama effect has been slow, but real, in increasing readership to ShareProphets.
In today's podcast I come clean on tomorrow's Panorama on Neil Woodford and then look at today's dishonest and disgusting coverage of Neil Woodford in the Sunday Telegraph, Mail on Sunday and, worst of all, The Sunday Times.
Rob Terry, Jamie Nimmo, Jeff Prestridge, Neil Woodford, another pointless day of shame for the, increasingly limpdick, Financial Mail on Sunday. I discuss this plus why I do not want to come back to the UK after a chat with lovely Eleni and others here in Kambos in today's bearcast
I start with Neil Woodford, via the lackies like Jeff Prestridge at the Mail on Sunday talking bollocks on Brexit, the markets and his doomed funds. Then it is onto someone who has given £50 to Rogue Bloggers for Woodlarks. Get in touch you POS and I shall refund you personally as you lie in bed with fraudsters and other scum. If you are not on the side of financial gangsters and wan t to back a good cause please do so HERE
Yesterday's bearcast explained the massive red flag of Neil Woodford having to sell his crown jewelsd, shares in Imperial Brands. Today, his most devoted follower on the sewer that is Fleet Street, Jeff Prestridge of the Mail on Sunday has, after 30 years of loyally kissing Woodford's arse at least once a fortnight, abandoned ship. The ship once swarmed with parasitic and, often unthinking, rats. Now there is just one left, Hargreaves Lansdown. I explian what this all means. If you enjoyed this, almost 100% profanity free, bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.
The Mail on Sunday and its freebie loving Personal Finance Editor Jeff Prestridge are promoting a new innovative company in telematics and insurance where the virtue signalling crisp salesman Gary Lineker is a brand ambassador and shareholder. Among Ticker’s named clients is Ingenie.. hang on does that ring a bell?
Over the past two years one salient feature of the Neil Woodford car crash is that every couple of months the Daily Mail or Mail on Sunday, which were the biggest cheer-leaders for Nomates when he set up Woodford Investment Management, runs an article saying “it’s bad but will get better, average down.” The trouble is that the Mail thesis is based on one big lie. At the weekend it was veteran Personal Finance hack Jeff Prestridge who landed an exclusive interview, i.e a blow job for Neil.