Tag Archives: Raping The Assets : What They Say Versus What They Do

John Ward – Raping The Assets : What They Say Versus What They Do – 3 May 2012

“The thing that I fear is confiscation. Confiscation of my assets, confiscation of my clients’ assets. I fear that this thing could get out of control. I think we’re a year away from the French fully nationalizing their banking system.” Thus spake Eclectica Asset Management CIO and co-founder Hugh Hendry  at the Milken Institute’s 2012 Global Conference yesterday. Hugh went on to specifically suggest that Hollande will nationalise the French banking system if elected. Continue reading