Thursday, November 21, 2013

What's another word for ridiculous? Goldman Sachs valued the Royal Mail at £3.3 bn. JPMorgan valued it at £6.8bn to £8.5 bn. Deutsche Bank valued it at £5.5bn to £6bn. Goldman (and UBS) got the job because they were offering to do it for a lower fee

http://www.thetimes.co.uk/tto/business/industries/banking/article3927547.ece

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