Tuesday, December 6, 2011

Alice Oswald stands out

"I’m uncomfortable about the fact that Aurum Funds, an investment company which exclusively manages funds of hedge funds, is sponsoring the administration of the Eliot Prize; I think poetry should be questioning not endorsing such institutions and for that reason I’m withdrawing from the Eliot shortlist."

Gosh. Alice Oswald withdraws from T S Eliot Prize over hedge fund sponsor.

Update: Now John Kinsella has withdrawn. I feel sorry for the Poetry Book Society (even if it is a little conservative and stuffy in its poetic tastes), which is a victim, indirectly, of hedge fund managers and other banksters... And TS Eliot was indeed a banker, although not, as far as we know, a bankster. Banking was a more respectable and responsible business in his day, as Ian Hislop recently explained in When Bankers Were Good.

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