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Virgin prepares for UK banking push
Former Member
Posts: 1,876,323 The Mix Honorary Guru
http://www.ft.com/cms/s/0/f064ccce-fc28-11de-826f-00144feab49a.html
perhaps Richard Branson is envious of his wealthier banker friends.
is the banking/finance industry still where money is to be made?
perhaps Richard Branson is envious of his wealthier banker friends.
is the banking/finance industry still where money is to be made?
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Perhaps he needs a new banks to help loan Virgin more money?
I think he may be better off being part of the Federal Reserve.
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2010/Let%E2%80%99s+Get+Fisical+January+2010.htm
2009 required $1.5 trillion of new debt to finance the deficit, with the Federal Reserve "purchasing" nearly 90% of the debt.
A great business to be in when you know those Federal Reserve Notes are someone else's liability.
hmm youre right. this give me ideas...