Trevor Abrahmsohn: What Really Happened At Presidents Club

You will be surprised to learn that not very much happened at all at the Presidents Club evenings, which is why the Financial Times journalist who broke the original story felt compelled to ‘sex it up’ in order for the paper to make a feature, and for BBC2’s Newsnight programme to give it journalistic legs for three nights running.

I have been at the President's Club function probably seven to ten times in the past and yes, there were hostesses at each table, but before anyone gets too excite...

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