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Old 19-12-2005, 11:40   #3
homealone
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Re: Combined NTL/Telewest is an £8 billion takeover target

Quote:
Originally Posted by Wicked_and_Crazy
Quote:
Originally Posted by Chris T
Everybody is buying everybody else. Where will it end?!
Simple,

The venture capitalists buy the companies,

They outsource all the work

They make the staff redundant

They sell to company has a big profit making company

Then we cant afford the service

The company goes bust (but in the mean time the venture capitalist has made its money)
- and takes all those profits overseas for tax purposes, so none is re-invested in the UK...
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