Louis Bacon and Moore Capital – an apology
In an article ‘A hedge fund Godfather…’ of 4 September 2010 we instructed that Mr Bacon was complicit in unethical behaviour inside his hedge fund enterprise, Moore Capital, and elsewhere and consequently he’s not the form of particular person, and Moore Capital not the form of enterprise, that the Conservative Get together ought to contemplate accepting monetary donations from. We’re completely happy to verify for the file that there isn’t any substance in anyway to the suggestion that Mr Bacon or Moore Capital are responsible of any unethical behaviour, and we retract any suggestion that reputable political events ought to shrink back from them. We apologise for the embarrassment and any injury prompted to Mr Bacon and Moore Capital.
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