You might think that disgraced fund manager Neil Woodford and his business partner Craig Newman would want to lie low with their ill gotten tens of millions until the FCA enquiry into them was concluded. But perhaps you cannot keep a good man down.
Thanks to Winnileaks I have been sent photos from the car park at Woodford Investment Management which are truly revolting and show exactly the sort of vile individual Neil Woodford is.
Woodford Investment Management (WIM) has finally released its accounts to March 2020 – they were published by Companies House some two and a half weeks late. Tut-tut. But that is the least of the worries here. In part one I discussed Neil Woodford and Craig Newman with their tasty £1.5 million payout as they emptied the coffers on the eve of flagship Woodford Equity Income fund being gated. In part two I look at the rest of the accounts, and wonder where the auditor went.
In his soft interview with Lucy Barton of The Daily Telegraph on 13 February of this year, we are told that Neil Woodford claimed: From the moment of the fund suspension Craig [Newman, his sidekick] and I received absolutely no income, or dividends or any remuneration from Woodford Investment Management, none, and indeed haven’t received any for the best part of two years. The accounts of Woodford Investment Management for the year to March 2020 are now out (two and a half weeks late). So was the disgraced fund manager telling a whopping lie? What do you think?
It seems that Neil Woodford and his side-kick Craig Newman are being somewhat tardy in filing the latest set of accounts for Woodford Investment Management for the year to March 2020 at Companies House, for they were due by 31 March and are now marked as late. What are they hiding?
Lucy Burton of the Sunday Telegraph will this morning be celebrating her scoop of the year. It may win her prizes such is the corruption of modern journalism. In a faustian deal she gets to break the news that disgraced and crooked fund manager Neil Woodford is planning a comeback. In return she publishes a blow off interview in which Woodford paints himself as the victim of what happened, tells blatent lies and those lies go unchallenged. This is not journalism it is revolting PR ands Ms Burton should be drummed out of the industry. She won’t. She will be praised and promoted. And the deadwood press wonders why it is ever less trusted and its reader numbers slide?
What does not stink in the annual accounts for Woodford Investment Management which surfaced at Companies House yesterday? The £14 million dividend paid to Neil and his business partner Craig Newman surely is top of the list but then there are the dates…. Let me explain.
How much more shame can disgraced ex fund manager Neil Woodford cope with? As investors consider losses of billions we believe the man the Mail on Sunday lauded for years as Britain's Buffett is working to cover up another £25 million windfall for himself and business partner Craig Newman.
Yesterday we exposed the sheer greed and reward for failure of Neil Woodford, trousering a small fortune for just one year’s work, as investors in his funds lost a packet. Today the deadwood press have followed up and have swallowed bullshit without question. It is a sad sight and shows why the MSM is not fit for purpose.
Neil Woodford’s Woodford Investment Management results for the year to to March 31 2018 have finally been released. The good news is they were filed on time – they were received by Companies House on Christmas Eve. The bad news is that over the period his equity income fund lost around 13.5% for his unit holders whilst the FTSE All-Share was broadly flat. And the shocker? Read on! This is the unacceptable face of capitalism, monstrous greed, as failure is rewarded...
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