Royal Mail sell off

[Slacker]

[Fly]

That saved me a job Mr Slack 

[therealjr]

Incidentally on the subject of undervaluing the company and their not having to take the liability for the failing pensions scheme I'm curious why anyone would draw a comparison with local government pension schemes to explain why the sell off had to be done so cheaply. The Lgps unlike many other pensions either public or private is in good health. This has been the case for many years given that St Margaret allowed councils to stop contributing into the schemes in the 80's (a political ploy to keep council rates down but we won't go there for now) Compare that to the many private pension schemes that have failed.


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[Fly]

Here's the latest I've just seen. If you hung on a little longer, then sold, you'd make even more money on your shares today.
http://news.sky.com/story/1156474/royal-mail-shares-hit-500p-a-week-after-sale

People have made, people have made, who have made. The people who could afford to buy in the first place.
Spill out your crass excuses all you like Cameron and Co. You feed each other's pockets.

[therealjr]

Anyone with money (and I'm talking real money) will tell you that the hardest million to make is the first one. After that it's easy because you can take advantage of all these sort of things.