December 14. 2019

Prince Andrew

Prince Andrew's name has become mud and he's tarnishing the royal family's as well by association. Many charities have kicked Prince Andrew off their board, due to claims he is a pedophile in the Jeffrey Epstein scandal, which is something royals are not used to experiencing. Royals are usually the ones who are booting people from their companies and charities if questionable behavior arises. People and companies are usually pursuing royals for endorsements or royal warrants. Therefore, this turn of events concerning Prince Andrew is pretty bad and unprecedented for the royal family.

The most recent embarrassment came courtesy of wealthy German investor, David Stern, resigning from Prince Andrew's company Pitch@Palace. No one wants to be associated with Prince Andrew. Firstly, it's not good for their names, reputations and business standing in the community. The public will react poorly to the association. Secondly, it could get them investigated by police in different nations, who may suspect they too are pedophiles, as in the case of Prince Andrew's late cohort, Jeffrey Epstein.

It is being reported that a massive 23 organizations have dropped Prince Andrew, choosing to completely distance themselves and their businesses from him, due to the pedophilia scandal he is embroiled in. What a fall from grace. It's like watching a massive car crash.

The Daily Mail also reported, "The pharmaceutical giant Astrazeneca said it was reviewing its relationship with Pitch@Palace, while insurance firm Aon asked for its name be removed from the scheme's website." It has been one embarrassment after another for Prince Andrew and his family.

STORY SOURCE

THIRD director quits Prince Andrew's Dragons' Den-style scheme for entrepreneurs in wake of disastrous Newsnight interview as Hong Kong-based German investor resigns

Published: 04:56 EST, 12 December 2019 | Updated: 05:14 EST, 12 December 2019 - Prince Andrew's Dragon's Den style project for entrepreneurs has lost a third director after a private investor resigned. David Stern, 41, a German investor based in Hong Kong, is listed as having officially resigned from Pitch@Palace on December 10, it is reported.

It follows the departure of fellow directors Mark Eaves and Hanadi Jabado on November 19, just three days after the broadcast of Andrew's disastrous Newsnight interview. The Dragon's Den style scheme Pitch@Palace has moved out of Buckingham Palace for its first event since the car crash Newsnight interview featuring Prince Andrew (left). It has emerged that investor David Stern (right) has resigned as a director of the scheme

A senior source within the organisation told The Times that he was unsure why Mr Stern or Mr Eaves had quit or whether the duke himself would continue with Pitch@Palace. 'It's in flux,' the source said. 'It's for him to decide.' Mr Stern is a serial investor who also has links to the royal family through St George's House, a networking organisation founded by the Duke of Edinburgh and based at Windsor Castle, the paper reports...

At least 23 organisations have either dropped the Duke or accepted his resignation, including the English National Ballet, the Royal Philharmonic Orchestra and the Outward Bound Trust. In the immediate fallout, one of the country's leading accountancy firms, KPMG, revealed it had stopped sponsoring Pitch@Palace to protect its reputation.

KPMG bosses decided to end the relationship last month due to 'unsavoury' issues stemming from the Duke's friendship with Epstein. The firm was a founding partner and had paid up to £100,000 a year in sponsorship since 2014...