The party however has sparked a lot of controversy and has received a lot of criticism for its flamboyant display of wealth in a time of economic hardship.(Emphasis added)
It does redeem itself when it becomes clear that all the proceeds will go to charity. The expected £5 million to £10 million will go to the charity ARK (Absolute Return for Kids), founded by hedge-fund manager Arpad "Arki" Busson, Uma Thurman’s husband.
The hosts include Mr. Busson, entrepreneur Tom Singh, a Pakistani prince, and Stanley Fink, the hedge funder and Tory Party treasurer.
Mr. Fink told the Times of London that such parties are ultimately altruistic.
"Yes, to the average man in the street they do look obscene but they do an incredible amount of good."
I note that the "charity" is called ARK and the bloke running it is called Arki. I wonder who are the kids who will benefit from this festival of ostentatious bad taste.
I learned of this from the Max Keiser Report.
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