Revolving Door on Steroids – New Bank of England Policymaker Allowed to Retain Financial Interest in Hedge Fund

A major reason Vlieghe was not required to fully sever his ties with Brevan Howard was that the partnership — unlike company shares — is an illiquid asset that cannot be sold, the person familiar with the arrangement said.

So perhaps you don’t hire the guy. After all, lowering interest rates, buying financial assets, and funneling trillions to oligarchs doesn’t really take that much skill. It merely requires a complete lack of conscience and a tendency towards sociopathy. Then again, I’m sure Mr. Vlieghe is some sort of indispensable central planning superhero and the BoE simply couldn’t do without him.

Complete. Neo-feudal. Oligarch. Fraud. 

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