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Subject: Loss of Britishness -an Empire for sale
Herc the Merc    3/5/2007 5:11:07 PM
Could someone please list the change in the new Britain- 1) Richest Brit residents-Russian and Indian born (Abramonovich & Mittal) 2) English tea bought over by Indian company 3) Fish n Chips replaced by Chicken Tikka(even in army rations) 4) Liz Hurley marries Indian textile tycoon and now Aston Martin for sale to...drumroll--Syrian born Brit(or resident of Brit) Mon Mar 5, 6:44 AM ET LONDON (Reuters) - Ford Motor Co (NYSE:F - news). could announce the sale of its Aston Martin luxury performance cars unit for more than 450 million pounds ($865 million) as early as this week, a source familiar with the matter said on Monday. ADVERTISEMENT Formula One team Prodrive, working with Egypt's Naeem (NAHO.CA) investment bank, is frontrunner to buy the business although other bidders such as UK buyout firm Doughty Hanson are still in the process should talks fall through, the source said. The timing of the deal could also yet slip, the source added. Doughty Hanson and Syrian-born property tycoon Simon Halabi also submitted second-round offers for Aston Martin in an auction being run by investment bank UBS AG (UBSN.VX), sources familiar with the matter said last month. ___________________________ The greatest feat would be when England doesn't speak English anymore. Haha.
 
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Padfoot       3/5/2007 6:44:27 PM

Could someone please list the change in the new Britain-
1) Richest Brit residents-Russian and Indian born (Abramonovich & Mittal)
2) English tea bought over by Indian company
3) Fish n Chips replaced by Chicken Tikka(even in army rations)
4) Liz Hurley marries Indian textile tycoon
and now
Aston Martin for sale to...drumroll--Syrian born Brit(or resident of Brit)
Mon Mar 5, 6:44 AM ET

LONDON (Reuters) - Ford Motor Co (NYSE:F - news). could announce the sale of its Aston Martin luxury performance cars unit for more than 450 million pounds ($865 million) as early as this week, a source familiar with the matter said on Monday.

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Formula One team Prodrive, working with Egypt's Naeem (NAHO.CA) investment bank, is frontrunner to buy the business although other bidders such as UK buyout firm Doughty Hanson are still in the process should talks fall through, the source said.

The timing of the deal could also yet slip, the source added.

Doughty Hanson and Syrian-born property tycoon Simon Halabi also submitted second-round offers for Aston Martin in an auction being run by investment bank UBS AG (UBSN.VX), sources familiar with the matter said last month.
___________________________
The greatest feat would be when England doesn't speak English anymore. Haha.

 


 An inferiority complex anyone?

A psychological sense of inferiority that is wholly or partly unconscious. The term has been used by some psychiatrists and psychologists, particularly the followers of the early psychoanalyst Alfred Adler, who held that many neurotic symptoms could be traced to overcompensation for this feeling.  There is an acute sense of personal inferiority, often resulting in either timidity or (through overcompensation) exaggerated aggressiveness.




 
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Herc the Merc    Padfoot--this was just a light hearted post   3/5/2007 7:04:04 PM
about how UK is changing socially. What is psycho analysis got to do with it?? Actually its good that Britain attracts so many foreigners, wouldn't you think??
 
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Padfoot    I couldn't agree more   3/6/2007 4:22:09 AM

about how UK is changing socially. What is psycho analysis got to do with it?? Actually its good that Britain attracts so many foreigners, wouldn't you think??



 
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AdamB       3/6/2007 1:14:32 PM
The reason why Britain has so many of its companies bought by foreigners shows that the British economy is the most open and least protectionist in Europe.  Europeans - and even Americans - can learn from the British.
 
Some countries, like France, take protectionism to extremes.  France even blocked the sale of a YOGHURT company - Danone - to US company PepsiCo as it falls under one of the 11 "strategic commercial sectors" that should be protected from foreign takeovers according to the French government.
 
Britain is probably the least protectionist major economy in the world, and it all harks back to Empire when be promoted free trade and fought protectionism.
 
In Europe and America there can be uproar when certain companies fall into foreign, whereas in Britain the same occurence raises barely an eyebrow.
 
I think it's good that Britain's markets are so open.
 
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jbapk1       3/6/2007 2:29:51 PM

Anyone else interested in a Herc vs Adamb debate on the on a UK related topic, possibly the legacy of colonialism or Briatin's future as a world power?

 

 
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Herc the Merc    AdamB that is true   3/6/2007 2:35:03 PM
The British are still open to a good business deal be it British owned or Siberian. I remember a recent case where an Indian
liquor company tried to buy a French champagne company (Tattingers I think). Boy the French fuss, comparatively the same deal in Scotland is flawless and effortless, this CEO took his money to UK instead.
 
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flamingknives       3/6/2007 5:32:31 PM
jbapk1       3/6/2007 2:29:51 PM

Anyone else interested in a Herc vs Adamb debate on the on a UK related topic, possibly the legacy of colonialism or Briatin's future as a world power?

No


 
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