Remember how City brokers ICAP were part of the deal to demolish Spitalfields Markets LFWE? This was not mentioned though by Boris Johnson at his LFWE Hearing in October 2012, nor was this fact published in the Hearing documents. Wonder why?: ICAPs CEO is Tory Party donor and its former Treasurer, Michael Spencer. The LFWE demolition plan to build new headquarters for ICAP, approved by Mayor Johnson, seemed to then stumble when ICAP were embroiled in Libor rigging. It is now rumoured that the LFWE will be demolished in February 2015...perhaps after the Forex stench has dissipated as it appears ICAP are possibly one of the 36 firms who rigged the foreign exchange markets: theguardian/business/2014/nov/16/analyst-stamp-authority-royal-mail-gert-zonneveld No wonder Paul Mason, Channel 4 News Economics Editor lost it last week, reporting on the Forex scandal and the Citys banks, outside RBS, at the top of Brushfield Street. Of course the City Corp have already demolished 60% of Tower Hamlets Spitalfields Market to build offices: including these RBS Headquarters. Now we just need Paul Mason to investigate the ties between the demolition of the LFWE, the City Corp, ICAP and the mayor of London.
Posted on: Mon, 17 Nov 2014 15:52:54 +0000
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