A disgraced property tycoon and a hedge fund trader who cashed in on the credit crunch are both in the New Year Honours list.
Ex-convict Gerald Ronson – the great survivor of the Guinness share-trading scandal – is made a CBE. And there is a knighthood for Tory donor Paul Ruddock, who has given more than £500,000 to party coffers since 2003.
His firm, Lansdowne Partners, made a staggering £100million from the financial crash by betting that the price of Northern Rock shares would fall and also made millions in a matter of days by predicting the likely slide of other banking shares.
[VIA WHAT REALLY HAPPENED]
TAGS: GREAT BRITAIN
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