‘They were like bandits’ – how did the rich get richer?

“The particular form of QE benefits above all banks who have lots of assets – which are inflated by QE and people with assets generally [including] people in the property market, people who own companies, people in investment management like me,” says hedge fund manager Paul Marshall. “Owners of assets have all made out like bandits.”

Recent Posts

Why can’t the US stop soaring oil and gas prices?

And while many small private companies, like Mr Wendt's, are still pushing to boost output, the biggest firms have so far stuck with investment plans forged before prices really soared, choosing to put the windfalls primarily toward shareholder payouts, rather than...

read more

Norwich City ‘in talks’ with Millwaukee Brewers’ owner

The fact that Mark Attanasio and his entourage travelled to Carrow Road to watch their final top flight game for some time indicates that this is much more than a passing interest. Current majority shareholders Delia Smith and Michael Wynn-Jones are now both in their...

read more