British Conservative Rees-Mogg profiteering over coronavirus


This 5 April 2020 video from Britain says about itself:

Jacob Rees Mogg’s firm set to make fortune from the coronavirus crisis

EXCLUSIVE: Somerset Capital Management, which the MP co-founded, says market volatility offers a “once or twice in a generation” opportunity to make “super normal returns”.

By Peter Lazenby in Britain:

Sunday, April 5, 2020

Jacob Rees-Mogg to profit over coronavirus

TORY Minister and multimillionaire Jacob Rees-Mogg is to become even richer because of the coronavirus pandemic, it was revealed today.

The North-East Somerset MP owns about 15 per cent of a firm that is buying up shares in companies hit by the virus crisis and stands to cash in when their value increases.

Somerset Capital Management (SCM) said that investors have a “once in a generation” chance of “super-normal returns.” Potential gains of up to 500 per cent are being anticipated.

Conservative Prime Minister Boris Johnson taken to hospital for coronavirus tests: here.

10 thoughts on “British Conservative Rees-Mogg profiteering over coronavirus

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