"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Wednesday, October 19, 2005

Drax .. more bidders appear

Drax Group Limited have announced today another offer, this time from International Power plc and Mitsui & Co., Ltd.

The second offer from a consortium of Apollo Management LP, Texas Pacific Group Europe LLP and Towerbrook Capital Partners(UK) LLP have previously offered £2.075 billion.
What price British Energy…whose shares have doubled in the last 12 months since re-launching.

UK Energy security, eh ?


Recent blogs on same topic here

No comments:

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish