Disclosure: Mr. Wisdom is co-manager of two public mutual funds and approximately 700 individual client accounts.

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Disclosure: Mr. Wisdom, associates, and clients of American Money Management LLC may buy or sell securities mentioned without prior notice.

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He may raise questions about the wisdom of Mr Cameron's decision to hire the editor who resigned from the News of the World when phone hacking was first revealed and to befriend Rupert Murdoch's right-hand woman.

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