All posts in the topic Wall Street Owns our Water! (Short link)

From: Kathy mcmullen Date: 2007 Oct 15 14:54 UTC Short link

Southern Water has been sold, to a consortium led by the Wall st bank JP
Morgan.

UK infrastructure assets have become popular with pension funds because of
their relatively low risks and strong, stable cash flows, advantages which have
been highlighted by the recent global credit crunch.

http://business.guardian.co.uk/story/0,,2187414,00.html

Recently JP Morgan has been hit by the mortgage crisis experiencing a slump in
stocks, the bank is down - as they say- 5% from beginning of the year!

Lets all give a big welcome to JP Morgan, Enron scandal bank, who  now hope to
Up by making a profit with the consortium from our water. That means job
losses, bigger bills.

Isnt business news fascinating this autumn, a big Thank You to our government
for the magnificient autumn gifts of decreases on Capital Gain on second homes,
and buy to lets.

Why don't we set up a local bank?
    

Kathleen

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