Home / Royal Mail / Fleeced over Royal Mail sale? They’re bankers. What did we expect? – The Independent

Fleeced over Royal Mail sale? They’re bankers. What did we expect? – The Independent

admin March 31, 2014 Royal Mail Leave a comment 141 Views

Fleeced over Royal Mail sale? They're bankers. What did we expect?
The Independent
To sell a £1.7bn stake in the Royal Mail, the Government had to hire an investment bank to recommend seven investment banks to persuade other investment banks to buy the shares. These same bankers and their fund-manager peers deal with each other …

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