Newsnight 1/08/09

Discussion in 'Current Affairs' started by stirling2, Jul 2, 2009.

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  1. Lib Dums treasury guru Vincent Cable stated that Northern Rock would be sold off by the Gov BEFORE the share price recovers and before the taxpayer can see any return on its investment. He also said it would probably be sold to Tesco at a knock down price ( they have made noises that banking is their next step). But why sell it cheaply?, Tesco probably has enough small change laying around in old suits to buy the bank so make them pay top dollar. Cable finished by saying once NR was got rid of expect other gov owned banks to follow.
     
  2. They are so afraid of the next election results, that they will rush into things in an attempt to make the books look better even if it means a loss.
    They did it with the gold for the same reason.

    They are stoney broke and can't see any way out of it.
     
  3. Maybe we should have a whip round with the members from Arrse and buy it. Imagine the fun and games that a load of ex forces types could have with their very own bank.

    ''Hello Mr Brown our records show that you are overdrawn, would you like to take out another loan?''
     
  4. Look on the bright side Chief, he could have made Tesco
    a 'Buy one get one free' offer.

    And I now look forward to seeing our MPs declaring their Tesco Club Cards.

    Jerry
     

  5. Spot on.
     
  6. :D
     

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