The best of British private equity saw it coming, and wound things down before things started kicking off.
However, things are looking up again, huzzah :)
No, it wasn't taken as an insult - it's just I don't really perceive myself as one. I suppose my views on the generation of wealth and my objection to the re-distribution of it are conservative :p And generally speaking, I'm not a fan of any political party, but at the minute I'll vote for the...
There are a huge number of reputable economists who believe in the importance of the free market, and believe that using non-market forces to affect changes in the market are bad ideas.
Also, at what point did I say I was conservative??
Perhaps I should have used the word 'suceeded'...
It's a condition of receiving government money that they cannot hire foreign workers if they have layed off US ones.
They prolonged the downturn, don't buy into the political myth.
No, but a more effecient, better structured company would come about by nessesity. The horse thing was just an...
Also, the more difficult it is to fire workers, the more difficult it is to create new jobs.
The one exception to the bailout plan - Citi is now well and truly back on it's feet, well capitalised and re-structered - but it can't hire experienced European personell because it's fired Americans...
Obama's already proving himself a poor choice, with his protectionist slant & generalist anti-banker rhetoric - gg America...
He's also demonstrated he's stupid enough to believe that The New Deal made things better, instead of making things far worse :|
Bring on the economic-inhibiting market...
A little DJ mix I threw together:
http://www.zshare.net/audio/548356338efee66c/
Enjoy. It's a bit of electro, house, disco, bmore, pop and some oldies from the 90s, 80s and 60s thrown in for good measure :) 47 tracks, 54 mins
(tracklist available on request)
Comments are very...