Tuesday, August 17, 2010

Conservative Party in Barnet in disarray

One of the factors for Waldorf and I return to our weblogging adventures has been the distress and anger that many of our dear lady friends in Chipping Barnet Conservatives. We have been flooded with telegrams and even the odd call on our telephone. It seems that the backbone of Conservative life in Barnet, the Conservative Womens' Committee are up in arms.

They are up in arms over the greed of the Leader and Cabinet in Barnet and also at the shocking lack of leadership shown by Theresa Villiers MP. Waldorf and I have seen the most frightfully cross correspondance. The recent uturn from Mrs Hillan/Howard on the issue of allowances following our return to the interwebs has been met with hostility. It is not seen as genuine and a last gasp to hold on to her job.

One very prominent lady in Chipping Barnet put it most forcefully,
It is far, far to late to be talking about tweaking the allowances now. We have had four weeks of dreadful headlines and national media coverage. The name of Barnet Conservatives is now dirt. It is going to take much firmer action to restore our fortunes.
Firstly that wretched woman, Hillan, must go and her hangers on Coleman, Harper et al must be sent to the backbenches. Secondly, we need some energetic firm leadership that will deliver in Barnet the policies that Conservatives voted for and are being advocated most excellently by Eric Pickles.
Now Waldorf and I are simple folk and nowhere near as partisan as our 'blue rinse' lady friend but her anger is widely felt. Conservative Councillors who are thinking about sticking with Mrs Hillan/Howard should think very hard as to how their members and future members will think.

P.S. Who is this Mark Shooter chap? Anyone care to let us know?


  1. Now don't you little rascals start making mischief.

    We have already established on Roger's fine organ that Mr Shooter is loaded (Ho, Ho), and therefore he will not be trying to grab every last fiver he can out of public funds - unlike some other people we could mention.


    SE1 9QR
    Company No. OC308159

    The Shooter Multi Strategy Fund Limited, launched November 1st 2004, is a relative value fund seeking to generate consistent absolute returns in a range of market conditions. Historically the firm has traded in equity (US and Europe), FX and interest rate markets (G10) with a sizeable allocation to equity volatility and quantitative strategies.

    Case Type: Voluntary Members Liquidation:
    Wind Up Date: 08/05/2008
    Appoint Practitioner: 08/05/2008
    Status: Dissolved 29/09/2009


    Employment History:

    Exciting Actuary (that's what it says)
    Shooter Fund Management LLP

    Utilities Manager, Global Fund
    European Hedge Fund Manager News

    Options Trader
    UBS O'Conner

    A fellow called Mark Shooter ...
    24 Nov 2008

    A fellow called Mark Shooter of Shooter Fund Management. One of THE best options traders around, made a lot of money, was super smart... etc. But he's now busted out, lost £100's millions when volatility went throught the roof in the summer of 2007.

    Shooter: Fund Management
    1 Jan 1992 (shume mishtake?)

    Mark Shooter: Chief Investment Officer & Founder, Over 10 years of trading experience in the financial bond and equity markets, with a consistent, highly profitable record.
    2004 CEO, CIO and founder of Shooter Fund Management LLP
    Head of Trading/CEO of Shooter & Curtis Options Trading, using volatility strategies to trade across European equity markets (1997-2004)

    Rising Stars - Financial News Online
    16 June 2006

    41, Mark Shooter, Exciting actuary. Founder, hedge fund manager, Shooter Fund Management...
    Break through: Last year, Shooter launched the eponymous Shooter multi-strategy fund, a volatility arbitrage fund focused on European and US equities.The fund has produced a steady, and impressive, 1.7% a month for investors since launch.Shooter trained as an actuary at Watson Wyatt before joining UBS O'Conner as an options trader.He tested his trading approach for eight years under the umbrella of the Kyte Group.
    Mentor: Few traders take advice, and Shooter is no exception.
    Firepower: Shooter closed his fund to new investors at about £200m, not wanting assets to dilute performance.
    Potential: According to investors, Shooter has the potential to build one of London's top hedge fund families.His willingness to restrict capacity in his funds is particularly encouraging.The multi-strategy fund focuses on exchange-traded front month derivatives, which are transparent and liquid.As such, the approach has the potential to be exported to other markets, according to investors.Shooter has expanded the strategy to FX and interest rate volatility markets and intends to launch a second fund, and open the existing fund to new investors, in the first quarter of 2005.

    Search the Archive for Mark Shooter
    22 Dec 2007

    Shooter Fund Management, the London-based hedge fund firm led by Mark Shooter, suffered huge losses in its flagship Shooter Multi-Strategy Fund in October, sending it into negative territory for the year.16/11/2007

    Global Foundation for Sustainability of Billions of Minds
    22 Feb 2008

    With over 600 million US dollars under management, award winning Shooter Fund Management LLP, founded by Mark Shooter is a fund specializing in volatility arbitrage.

  2. "A BARNET councillor has vowed to continue with his bid to become leader of the council even though the incumbent, Lynne Hillan, has backtracked on a controversial plan to increase members' allowances.


  3. Well thank you most kindly baarnett. That makes some interesting reading. But that really doesn't show us too much about this chap! Statler and I are going to have to try and find out a bit more over the next few weeks. Some seem very exited about Councillor Shooter, but we don't know why yet.

    With fuzzy hugs,


  4. Greetings, gentlemen: if the Tory ladies of Barnet have been moved to such levels of fury, there is no hope for Hillan and her chums, is there? The Tory party in Barnet cannot function without all those lovely fund raising events that Mrs Angry looks on with such interest on their website: candlelit suppers, garden parties, lunches ... if the ladies dig their heels in and withdraw their scones and cheese dips, it's all over.