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Re: US Cable Giant Liberty Global buys Virgin Media
Quote:
Originally Posted by MaverickJesus
Ask RBS how their leveraged takeover of ABN AMRO went. A company paying a shedload of borrowed money for another company does make it a financially sound deal by default.
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l think you will find the RBS went belly up because of some deeply irresponsible risk taking which is not in the culture at either LG or VM.
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“The only lesson you can learn from history is that it repeats itself”
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