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Post by dalmatino on Jan 21, 2009 14:59:12 GMT 1
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Post by Ribaric on Jan 21, 2009 15:24:59 GMT 1
"This is the first instance of a Russian national owning a large, mainline UK media organisation."
Don't think so. The free 'Metro' paper has the morning editions 90% sown up and the free Standard 'Lite' , which hasn't been sold, has 90% of the afternoon business. The Evening Standard is as dead as a dodo for the same reasons the old Evening News and Evening Star have gone. He's bought a complete pup but I guess it's as much about ego than profit.
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thegent
Full Member
[M0:16]
Posts: 55
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Post by thegent on Jan 21, 2009 15:49:36 GMT 1
Some boyo in Ireland called Bill Cullen did the same with the Renault franchise there in the 80's. Bought it for IR£1.00....before that he used to sell apples in a Dublin market...hes worth about 300million euros now!!!
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Post by Mirko on Jan 21, 2009 16:03:34 GMT 1
Ribaric is right, the Evening Standard is dead, it is not even worth 1 p.
Lebedev will have to invest immediately some 30 million pounds to keep it going, and even after that there is no future for the newspaper.
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Post by capio on Jan 22, 2009 6:58:22 GMT 1
A lousy newspaper for lousy bastards I hope they go under.
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Post by ray51 on Jan 22, 2009 9:39:23 GMT 1
Nothing like empathy-boosting bits and pieces of positive thinking , in the very days when George Soros and Jim Rogers proclaim GB and it's currency "finished" and advise everyone in the sane state of mind to dump the Sterling and emigrate from there...
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Post by capio on Jan 22, 2009 11:00:04 GMT 1
That would be the chap who stands to make billions from the demise of the sterling? He should be sent to prison for what is effectively insider trading.
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Post by janjohansen on Jan 22, 2009 12:05:23 GMT 1
capio, If Soros should be sent to prison for exposing the vulnerability of the sterling, what are you going to do with those who actually are responsible for the sterling's vulnerability?  ?? |
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Post by darcy on Jan 22, 2009 12:29:09 GMT 1
That would be the chap who stands to make billions from the demise of the sterling? He should be sent to prison for what is effectively insider trading. Sure, ask KGB to send him (Soros) to Siberia and confiscate all his possesions as a true bolshevik! Insider trading ... nonsense. |
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Post by Carol on Jan 22, 2009 12:33:18 GMT 1
Soros isn't doing any insider trading with regard to betting against sterling. Maybe you could accuse him of talking the market down which might be construed as market manipulation if he had/ has a short position on sterling but its not insider trading. Insider trading is when you know something and use it to your advantage before it becomes public knowledge.
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Post by upthevilla on Jan 22, 2009 12:36:15 GMT 1
* Insider trading is when you know something and use it to your advantage before it becomes public knowledge. *
I know that aston villa are going to win the fa cup this year, if i put money on it and win is that insider trading
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Post by Carol on Jan 22, 2009 13:11:24 GMT 1
I think you are confusing hope with know. However if you do really know it, then I'd place the trade if I were you as no one will ever suspect the truth!
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