Don't go near the stock-market - Mandelson is 'picking winners'!

amcluesent

Lord Mandelson is drawing up plans to choose which businesses and industries are important enough to be saved in the event of their going bankrupt as the recession bites, the Guardian can reveal.

Picking winners? Sounds good? Well it won't be when the companies rejected for inclusion on the list mysteriously falls in the hands of Peston and their share prices collapse.

I wonder which of NuLabour's rich donors will, entirely coincidently, have short-positions in these companies and/or be able pick them up for a song?

ManAtHome

Buy shares in companies located in marginal constituencies..?

Biggles

amcluesent wrote: »

Picking winners? Sounds good? Well it won't be when the companies rejected for inclusion on the list mysteriously falls in the hands of Peston and their share prices collapse.

I'm not sure what's worst. Bradford & Bingley were picked to be 'saved' and their shareholders look like getting nothing.

I think I'd rather I held shares in a company which wasn't picked as a winner.

Masomnia

amcluesent wrote: »

Lord Mandelson is drawing up plans to choose which businesses and industries are important enough to be saved in the event of their going bankrupt as the recession bites, the Guardian can reveal.

Picking winners? Sounds good? Well it won't be when the companies rejected for inclusion on the list mysteriously falls in the hands of Peston and their share prices collapse.

I wonder which of NuLabour's rich donors will, entirely coincidently, have short-positions in these companies and/or be able pick them up for a song?

Have ever tried posting without trying to make a political point?

You never know, you might find yourself less bitter and paranoid. Just sayin'.