tag:blogger.com,1999:blog-9565399.post6834558687398716451..comments2024-03-21T09:30:11.468+00:00Comments on Man in a Shed: What a differenece 58% makesMan in a Shedhttp://www.blogger.com/profile/00990902055642035293noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9565399.post-79057954623328170052008-12-01T10:44:00.000+00:002008-12-01T10:44:00.000+00:00Yes I saw that.For a short while, 9 months, I work...Yes I saw that.<BR/><BR/>For a short while, 9 months, I worked in the financial sector and what I was taught about the value of something in the introduction course was that its the price someone else will pay you for it. Of course the amount the government gets back depends on the day it sells.<BR/><BR/>The idea of the tax payers getting their money back is based on the government keeping its hands off the steering wheel. I think we can see that even if that is true back seat driving is certainly going to be the case. This will destroy the value of the company and hence the share holders ( 58% us in general, 42% small private investors and our pension funds ).<BR/><BR/>Of course this action looks like it goes against commercial common sense - and since it may very well be against the interests of the unfortunate people who lose their homes it may be immoral also.<BR/><BR/>This is "do something" socialism.<BR/><BR/>It seems the lessons of the 60's and 70's will have to be retaught to a new generation the hard and painful way.Man in a Shedhttps://www.blogger.com/profile/00990902055642035293noreply@blogger.comtag:blogger.com,1999:blog-9565399.post-43162097061594029562008-12-01T10:13:00.000+00:002008-12-01T10:13:00.000+00:00It was reported over the weekend that the governme...It was reported over the weekend that the government has already lost £2.6 billion on RBS because they bought up all the shares that existing shareholders didn't want (which was pretty much all of them).Letters From A Toryhttps://www.blogger.com/profile/14612766550608940053noreply@blogger.com