you're focusing on the wrong aspect. Their profits were not grotesque when viewed as ROACE
In absolute terms it is a large amount of money but these firms are so large that it distorts the real figures. Their return on investment was relatively normal.
Posted By: Army Boy on October 28th 2008 at 10:27:34
Message Thread
- Millions struggling to pay the bills, BP and Abbey announce record profits. (General Chat) - pieman63, Oct 28, 08:35:14
- you're focusing on the wrong aspect. Their profits were not grotesque when viewed as ROACE (General Chat) - Army Boy, Oct 28, 10:27:34
- Stop moaning on here and go do some bleeding work then... (General Chat) - tudders, Oct 28, 10:14:07
- I am working :-) (n/m) (General Chat) - pieman63, Oct 28, 10:22:26
- erm, that is the point of a free market economy I thought (General Chat) - Tombs, Oct 28, 09:03:01
- um, I was only making a point about how grotesque the profits are (General Chat) - pieman63, Oct 28, 09:32:08
- and for the taxpayer to bail them out if they get into trouble (n/m) (General Chat) - BerlinCanary, Oct 28, 09:08:52
- so, then that suggests a lack of government regulation does it not? (General Chat) - Tombs, Oct 28, 09:11:42
- Government regulation of a free market? (General Chat) - BerlinCanary, Oct 28, 09:26:56
- Free market capitalism is dead. (n/m) (General Chat) - shoddy, Oct 28, 09:33:24
- Government regulation of a free market? (General Chat) - BerlinCanary, Oct 28, 09:26:56
- so, then that suggests a lack of government regulation does it not? (General Chat) - Tombs, Oct 28, 09:11:42
- Sorry, huge not record profits (n/m) (General Chat) - pieman63, Oct 28, 08:38:31
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.