[djn]

No way should we be bailing out these people - they wouldn't be giving us the money back if the shares had doubled woult they?

Yet again, we see the double standards, where people on the right wing (Against state intervention) are suddenly very pro state intervention when they lose money. It's like a version of socialism for the rich.

More to the point though, I'm gutted at my taxes paying to sponsor Newcastly United. It's bad enough paying for illegal wars, Trident etc, but I draw the line at paying for Joey Barton and Alan Smith

[AndyBud]

I think the term compensation is kinda false though. Essentially the gov't are buying the company, and therefore everyone's shares, which still hold some value (more than say a losing football coupon, for example).

NRK still have assets worth billions, and every stakeholder has a share in this.

[Dunning1874]

The capitalist fuckwit shareholders can piss off. They took the risk of buying shares, and they would have happily taken the profits if the company did well. The company didn't do well, so what right do they have to claim compensation? p***ks.

[qos_75]

Dunning1874, on Feb 18 2008, 17:09, said:

The capitalist fuckwit shareholders can piss off. They took the risk of buying shares, and they would have happily taken the profits if the company did well. The company didn't do well, so what right do they have to claim compensation? p***ks.

Well that does appear to be the situation. Sadly for them they cannot have their cake and eat it.

[Swampy]

AndyBud, on Feb 18 2008, 13:16, said:

Shareholders are going to get pennies though...literally! I imagine maybe 10p per share. Not great compensation.

To put that in context, Fast Action's shareholding would be worth about £2.5k, down from £75k

Should he sell now, then? They're going for 90p, it seems.

edit: oh yeah, opinion - a ridiculous abuse of the "free" market.

This post has been edited by Swampy: 18 February 2008 - 18:09

[stephen1877]

Anyone know what happened to fast action?

[Garrowhillclyde]

stephen1877, on Dec 21 2008, 15:30, said:

Anyone know what happened to fast action?

He was hit in the face with a shovel as a child as he fell out of the ugly tree. Oh, you mean recently?......

[Busta Nut]

stephen1877, on Dec 21 2008, 15:30, said:

Anyone know what happened to fast action?

his wife prolly stabbed him

[orlandoblue]

H Wragg, on Feb 18 2008, 13:37, said:

The sahreholders association are looking for around 4 quid a share!

how did that pan out, or is it still in discussion?

[Gaz]

orlandoblue, on Jan 15 2009, 13:44, said:

how did that pan out, or is it still in discussion?

Still in discussion.

[Deesign For Life]

Leaping Salmon, on Feb 18 2008, 14:43, said:

More to the point though, I'm gutted at my taxes paying to sponsor Newcastly United. It's bad enough paying for illegal wars, Trident etc, but I draw the line at paying for Joey Barton and Alan Smith

at least it will be a lot less now...