[Margaret Pilkington]

Originally Posted by cmonstanley

it hits any class and it was encouraged by thatcher who invited the private equity firms with the yuppie mentality to buy up utilities ,bt, british gas ,norweb etc,the europeans thought they saw a way out of their weak economies by copying thatcher policies and it created a monster which got out of control.name a company which expanded 10 fold without getting bought over by private equity firms which kept borrowing and bled the companies dry by keeping all the money for the shareholder before moving onto the next company to bleed them dry.

This thread is not about companies...it is about the way banks conduct themsleves, but you just have to get your penny worth in.