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In an article ‘The Godfather of a Hedge Fund…’ from September 4, 2010, we suggested that Mr. Bacon was complicit in unethical behavior within his hedge fund business, Moore Capital, and elsewhere places and, as a result, is not the kind of person, and Moore Capital is not the kind of business, that the Conservative Party should consider accepting financial donations from. We are pleased to confirm for the record that there is no basis in the suggestion that Mr Bacon or Moore Capital are guilty of any unethical behaviour, and we retract any suggestion that legitimate political parties should avoid them. We apologize for the embarrassment and any harm caused to Mr. Bacon and Moore Capital.