Have you got a story to tell? Have you been through the mincer of TMBC's Pay & Grading Review/Job Evaluation? Or have you been made redundant by the Guardian Media Group? Do you want to hit back? Do you have a story - or any information - which you'd like us to know in case we can use it in some way to attack the political and media Cartel in Tameside? Drop us a line - email tamesidemafia@gmail.com.

Monday, 29 September 2008

James Purnell's Staff Reshuffle/Massacre

Tameside Mafia has been hearing that Stalybridge & Hyde MP, James Purnell has been doing a little hiring and firing recently from his Hyde constituency office.

Regular readers of the blog should know about the fate that befell former Purnell office boy Mike Doherty, although we haven't heard what has become of him since. It is as if he has vanished. However, we do know who his replacement is - Mike Kane (pictured right). Kane was appointed the role of Office Manager in June of this year. Yes, managing two one other members of staff, Sean Parker-Perry and Barbara Charlesworth.

A little about Mike Kane, he was a Labour councillor for the Northenden ward at Manchester City Council and held the prestigious title of Executive Member for Culture and Leisure all up until the May elections where he lost out to the Liberal Democrats by 8 votes.

Like his predecessors, Mike is very fond of the Internet and has his own blog. We shall be adding this one to our blogroll and shall be scrutinizing Mike's post for future reference.

The former councillor (who looks somewhat like Gollum) is far from whiter than white: he recently managed to piss off a reverend asking for a parish council. In the Labour Rose newsletter he headlined "Resign Now". God have mercy on your soul Mike!

It is nice to see that Purnell believes in the "right to work" by giving former Labour councillors a job in his office. Jobs for the boys eh James?

A second member of staff is to receive a long deserved push from Purnell, Longdendale Councillor, Sean Parker-Perry. No Mottram Bypass is reporting that James Purnell has finally seen sense and decided to give his closest cheerleader the axe. The anti-bypass blog says it must be a combination of recent events occurring relating to the arrest of Tameside Eye and the case being dropped. Also their recent posts on Active Longdendale which Purnell was quick to distance himself from. Not to forget the not-so-recent stuff with Sean Parker-Perry's dodgy Internet activities on his Roadmunkey blog (archive) and the silly Wikipedia edits. All the proof of Sean's meddling can be read in this blog post.

However, we became aware of a piece of news last night from Tribune Magazine which had this rather juicy statement:

"SO MUCH for free speech. The delegate from Tameside was barely off the rostrum after delivering a blistering attack on the proposed Manchester congestion charge when he got a text from his boss demanding to know, in so many words, what he thought he was playing at. His boss is Pensions Secretary James Purnell. And the delegate is a councillor."

Interesting they had to go off the free speech line days after No Mottram Bypass published their original article. As for the mysterious "delegate" we have our bets on that this is Sean Parker-Perry. Coincidence?

Monday, 22 September 2008

James Purnell: don't fancy yours much mate...

Such is the verdict of a focus group headed by American pollster Frank Luntz for last week's Newnsight, which looked at the chances of the likely Labour leadership candidates when Gordon Brown gets the heave-ho.

As you'll see from the above highlights of this feature, the assembled group don't even know who Purnell is, think he looks like a 'boy', are very much turned off by everything that seeps out of his mouth, and then finally decide to dump him first.

Wednesday, 17 September 2008

Share Watch: GMPF Hammered under HBOS

GMPF HBOS LogoTameside Mafia has its spies everywhere across the Tameside political circuit including one within Tameside Council leader, Roy Oldham's pet project - The Greater Manchester Pension Fund. We have been told that there has been a major cock-up recently when one fund manager decided to sell the "relatively stable" HSBC shares in favour of buying "cheap" HBOS shares.

The GMPF has a very handy page which shows the GMPF Top 20 Holdings for 2007. Those figures were correct at the time of the annual report going out for the end of the financial year. So the price of HBOS shares at the time of the stock market closing on Friday 4th of April were 573p per share. The price of HBOS shares closing in yesterday were at 190p per share. This means that HBOS shares have nosedived by 383p or 66.84% which is nearly two thirds of the original share price. So if we were to take the £100m investment in HBOS from the GMPF and reduce it by 66.84%, that means the GMPF's shares in HBOS have shaved of £66,840,000 from the value taking it to £33,160,000.

Source: Google Finance UK.

So that's yesterday. This morning shares in HBOS took another hammering and went to an all time low of 88p making it look like the next Bradford and Bingley or even worse... Northern Rock. We must add that the price has recovered to 193p as of 13:30 today, but that is only due to a possible take over from Lloyds TSB (LLOY).

Roy Oldham and his fund managers have a lot to answer for. However we hear that for councillors the GMPF panel is an all expenses paid jolly with training sessions regularly held in five star hotels in London and after meetings councillors are treated to a silver service three course meal. You really wouldn't think there was a credit crunch!