Difference between revisions of "Norman Lamont"
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| − | [[Norman Lamont]] was the UK [[Chancellor of the Exchequer]] from 1990 to 1993. He was raised to the peerage as Baron Lamont of Lerwick, of Lerwick in the Shetland Islands in 1998.<ref>[http://www.parliament.uk/biographies/norman-lamont/27073 Lord Lamont of Lerwick], www.parliament.uk, accessed 1 June 2010.</ref> | + | [[Norman Lamont]] was the UK [[Chancellor of the Exchequer]] from 1990 to 1993. He was raised to the peerage as Baron Lamont of Lerwick, of Lerwick in the Shetland Islands in 1998.<ref>[http://www.parliament.uk/biographies/norman-lamont/27073 Lord Lamont of Lerwick], www.parliament.uk, accessed 1 June 2010.</ref> He was held key political appointments at crucial times:- he became UK [[Minister for Defence Procurement]] just in time to sign the [[Al-Yamamah arms deal]] and he was [[Chancellor of the Exchequer]] when [[Black Wednesday]] transferred around £3B from UK taxpayers to currency traders. |
==Background== | ==Background== | ||
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| Member of | Benador Associates, Bruges Group, Le Cercle, Sacred Military Constantinian Order of Saint George | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Long time Chairman of Le Cercle, financier, politician and deep politician, involved in arms and financial deals.
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Norman Lamont was the UK Chancellor of the Exchequer from 1990 to 1993. He was raised to the peerage as Baron Lamont of Lerwick, of Lerwick in the Shetland Islands in 1998.[1] He was held key political appointments at crucial times:- he became UK Minister for Defence Procurement just in time to sign the Al-Yamamah arms deal and he was Chancellor of the Exchequer when Black Wednesday transferred around £3B from UK taxpayers to currency traders.
Contents
Background
Before entering Parliament he worked for N M Rothschild & Sons, the investment bank, and became director of Rothschild Asset Management.[2]
Le Cercle
According to his former profile at Benador Associates:
- Since 1996 Lamont has been Chairman of Le Cercle, a foreign policy Club founded by German Chancellor Adenauer after the War with members from over twenty-five countries. This group, which meets bi-annually in Washington DC, includes many senior intelligence experts and has a particular interest in the War against Terrorism.[3]
His involvement with Le Cercle is covered in detail by The Institute for the Study of Globalisation and Covert Politics in a comprehensive study: Le Cercle and the struggle for the European continent which it subtitles a "Private bridge between Vatican-Paneuropean and Anglo-American intelligence". The study includes membership list back to its original foundation and names as "important members" Lord Julian Amery, his protege Jonathan Aitken and Lord Norman Lamont (all three members of the Privy Council).
The Evening Standard reported in 2003 that Lamont was attending a Le Cercle gathering in Salzburg.[4]
Al Yamanah weapons deal
Lamont was made Minister for Defence Procurement under Margaret Thatcher just before the signing of the first tranche of the Al-Yamamah arms deal disbursed millions of pounds of commissions to various parties.
Black Wednesday
On 16 September 1992, a.k.a. 'Black Wednesday', Lamont as Chancellor of the Exchequer sold around £27 billion of sterling reserves before leaving the Exchange Rate Mechanism. The resultant loss to the UK Treasury was estimated at around £3.3 billion[5] This is generally understood as an accidental loss, one in which politicians learned humility in the face of the "free market" forces they had regulated into existence. The fact remains however, that Lamont's decisions caused people he knew personally to make vast profits at the UK tax payers' expense. George Soros in particular, having lead the short selling of sterling for some days before, pocketed over £1 billion profit from the episode. Interestingly, Soros is strongly suspected to be a member of Le Cercle, a deep state group which Lamont later chaired.[6] At a press conference two weeks later, Lamont when asked why he was so cheerful, replied "Well, it is a very beautiful morning, but it is funny you should say that. My wife said she heard me singing in the bath this morning."[7]
Euro Double think
It is interesting that while chairing the strongly pro-European Le Cercle, Lamont was co-chair of the anti-European Bruges Group.[8]
Other Affiliations
- Bilderberg Attended, 1995
- Le Cercle Chairman as of 13 October 2008[9] but not as of April 2013.[10]
- Bow Group Chairman 1971-72
- British Iranian Chamber of Commerce Chairman
- British Romanian Chamber of Commerce President
- Iran Heritage Foundation Member, Advisory Board
- Consensus Business Group (formerly Rotch Property) Consultant
- MerchantBridge & Co (investment company) Member, Advisory Board,
- Hermitage Global Fund Member, Advisory Board
Directorships
- Small Companies Dividend Trust Chairman
- Jupiter Adria plc chairman
- Balli Group plc (steel and commodity trading house) Director
- Compagnie Internationale de Participations Bancaires et Financieres (Investment Company) Director
- Jupiter Second Split Trust plc Director
- RAB Capital plc Director
- Phorm Inc (personalisation technologies) Director
- Stanhope Gate Developments Director
External Resources
- TheyWorkForYou, Mr Norman Lamont - Former MP for Kingston upon Thames
Events Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/1995 | 8 June 1995 | 11 June 1995 | Greece Nafsika Astir Palace Hotel Vouliagmeni | The 43rd Bilderberg. Held at the Burgenstock Hotel in Burgenstock, Switzerland. |
| Black Wednesday | 16 September 1992 | 16 September 1992 | The swift transfer of over 3 billion pounds to financial speculators from UK taxpayers. | |
| Le Cercle/2004 (Belgrade) | 17 June 2004 | 19 June 2004 | Serbia Belgrade Royal Palace | "A dinner held in Belgrade on 18 June 2004, "in honor of the “Le Cercle” conference taking place in Belgrade from 17th to 19th June." |
| Le Cercle/2005 (Paris) | 16 June 2005 | 19 June 2005 | France Paris | Exposed 2 days later by the Saudi Embassy in London |
| Le Cercle/2019 (Bahrain) | 26 June 2019 | 29 June 2019 | Bahrain |
References
- ↑ Lord Lamont of Lerwick, www.parliament.uk, accessed 1 June 2010.
- ↑
{{URL|example.com|optional display text}} - ↑ Lord Lamont of Lerwick, Benador Associates, via the Internet Archive, archived 22 August 2008, accessed 1 June 2010.
- ↑ Britain is represented by, among others, spy writer and former Tory MP Rupert Allason, Tory Deputy Leader Michael Ancram, Shadow Foreign Affairs Minister Alan Duncan, former GEC and Warburg director Sir Ronald Grierson, Lord Lamont, Lt Col Tim Spicer of Aegis Defence Services and Sir Stephen Lander, former head of MI5. Is this a new Bilderberg Group in the making?
Damien McCrystal, Spooky Tale from Salzburg, Evening Standard, 25 September 2003. - ↑ http://www.guardian.co.uk/politics/2005/feb/09/freedomofinformation.uk1
- ↑ http://www.isgp.nl/Le_Cercle_membership_list
- ↑ http://www.theguardian.com/business/2007/jul/22/conservativeparty.politics
- ↑ Register of Lords' Interests: As on 16 July 2004
- ↑ REGISTER OF LORDS' INTERESTS, www.parliament.uk, 13 October 2008.
- ↑ http://web.archive.org/web/20130403224428/http://www.parliament.uk/biographies/lords/lord-lamont-of-lerwick/895
