George Osborne - the Tories' little rich boy with an identity crisis
A few years later at Oxford, when he was invited into the elitist Bullingdon Club because of his family wealth, he was renamed Oik due to the crime of having attended only Britain's third most expensive public school, St Paul's, not Eton or Harrow. A popular lark among his fellow Buller men was to hold Oik upside-down by the ankles and scream: "Who are you?" Whenever Osborne gave the wrong answer he was dropped on his head, and was only released after squealing: "I am a despicable ****."
Bullingdon Club initiation ceremony claim: New members of David Cameron's old club 'burn £50 note in front of beggar'
New members of David Cameron’s old Bullingdon Club have to burn a £50 note in front of a beggar as part of an “initiation ceremony”, it has been claimed. A friend of one of the exclusive club’s super-wealthy members revealed the sick prank to an Oxford student newspaper.