Royal Mail Sell Off: Dodgy Dealings?

[ChillDoubt]

http://www.bbc.co.uk/news/business-28250963

Vince Cable reckons he 'did the best he could'.
Surely that makes him not fit for purpose?

Furthermore, looks like a few bankers and some of the elite made a killing on the 'old boy network':

http://www.bbc.co.uk/news/business-27230759

As Blackadder might say, " I smell something fishy and I'm not talking about the contents of Baldrick's apple crumble".

[Peter Pedant]

Not Elite - Establishment or system, ex Army Colonels, judges and that sort of thing...

I have seen the evidence - the share price almost doubled, and difference is around a £ 1 bn.

and the opposite view - which was almost 'Chartist' - the only thing that controls a share price is confidence, and there was a history of loss-making, threat of strikes, which at the time you recollect, the UNIONS were saying the MGT were fomenting to depress the price.

I suppose we will neva know as we cant do the experiiment again....

[ sorry to take yr q seriously and not just as an excuse to make stupid p+ssy little comments....]

[Old_Geezer]

It is difficult to judge value. The real problem was selling it off in the first place. Although the previous error of allowing commercial concerns to cherry pick the profitable bits probably made that more likely in the first place.

[mikey4444]

Another part of Britain that was owned by us all and yet the Tories stole and then sold it off....of course it was dodgy !

[Peter Pedant]

.

Chuka Umunna I see was speaking against it....

Just back from Wichita - sorry Worcester I see - - sorry I just cdnt resist that p s little comment