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Too bad for the tax payer

  • Socialising the losses and privatising the gains – Part 2

On 4 May 2018, in anticipation of what seemed to be cooking at the Co-op, I wrote an article with the title of “Socialising the losses and privatising the gains[1] where I warned of what was likely to take place and also in order to make people aware that the most likely outcome would be the camouflaging and the passing on to the tax payer of the…

  • Savvas Savvides
  • Stockwatch

Perf 5eI also anticipated that an attempt would be made to make the investment proposition attractive for potential new investors by creating and…

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