{"id":9850,"date":"2009-02-11T00:00:00","date_gmt":"2009-02-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"clarke-loses-hedge-fund-job-as-credit-crunch-hits-politicians","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/clarke-loses-hedge-fund-job-as-credit-crunch-hits-politicians.html","title":{"rendered":"Clarke loses hedge fund job as credit crunch hits politicians"},"content":{"rendered":"<p>guardian.co.uk &#8211; The shadow business secretary, Kenneth Clarke, has become the latest victim of the credit crunch after losing his job on the board of a hedge fund, the Guardian has learned.<\/p>\n<p>Clarke, who was parachuted back on to the Tory frontbench to beef up the party&#8217;s handling of the financial crisis, has been axed from the board of Centaurus Capital as the sector faces its worst crisis in decades.<\/p>\n<p>The hedge fund, which like other investment companies faces huge withdrawals of cash from clients anxious about plunging stock markets, has scrapped its advisory board, which also included Jos&eacute; Mar\u00eda Aznar, the former Spanish prime minister.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.guardian.co.uk\/politics\/2009\/feb\/11\/kenneth-clarke-centaurus-capital\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>guardian.co.uk &#8211; The shadow business secretary, Kenneth Clarke, has become the latest victim of the credit crunch after losing his job on the board of a hedge fund, the Guardian has learned. Clarke, who was parachuted back on to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7323,4266,1038,4726,5775,2644,5458,7322,4665,7321,458,683,4292],"class_list":["post-9850","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-advisory-board","tag-credit-crunch","tag-decades","tag-financial-crisis","tag-guardian","tag-investment-companies","tag-job","tag-kenneth-clarke","tag-latest-victim","tag-spanish-prime-minister","tag-stock-markets","tag-tory","tag-withdrawals"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9850"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9850\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}