Not fintech specifically, but fun non the less!
In his attempt to overthrow global capitalism, Russell Brand has called for an “orgy of banker bashing”. However it may come as a surprise to his fellow revolutionaries to learn that a film being made by Brand is financed by investment bankers and hedge-fund managers!
Most of the 18 other outside shareholders work at City banks or institutions. Their shares were brought through the enterprise investment scheme, which enables them to claim 30 per cent tax relief, meaning that taxpayers in effect subsidise the company. Financial advisers had targeted City executives when Mayfair sought funding five years ago for a film Brand was considering starring in called Happiness, which was to be produced by Oliver Stone. Since then, Brand has become increasingly outspoken in his attacks on the capitalist system, and Happiness — and Stone — appear to have been ditched. During an appearance on Question Time on BBC One, Brand called for an orgy of “banker bashing” in a response to the financial crisis. “When looking for the culprits . . . look for the people who have got loads of bonuses and loads of money, they’re the people that are criminal, they’re the people that need to be prosecuted,” he said.