XTR2Turbo Posted January 31, 2012 Posted January 31, 2012 ... and worse still a personal and corporate tax system that scarcely rewards enterprise, product research and development, long term investment, saving, training etc etc Quote
V 8 Posted January 31, 2012 Posted January 31, 2012 ... and worse still a personal and corporate tax system that scarcely rewards enterprise, product research and development, long term investment, saving, training etc etc Too true. Abolish employer NI. Just a tax on jobs, not profit. Quote
Lurksalot Posted February 1, 2012 Posted February 1, 2012 And that is something that has been forgoten, if it had all worked out he would have been seen as a true visionary by the goverment and the city. He made a huge error of timing that is all, others have done the same but the consequences were on a scale that no one could have predicted. Sorry Jeff , Timing had nothing to do with , He (and his board ) spent a shed load of money he didn't have, buying other banks that were billions in debt and ridiculously exposed to further gambled sub prime debt, basically for an ego trip . because of this he did not even bother with Due Diligence to even look at the books of the banks he was buying . this is why RBS collapsed and UK plc had to bail them out settling all the debt that was both borrowed and owed. A knighthood for services to banking, yeah ok , lets just honour the recklessness of the whole industry shall we Quote
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