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Supermalt

Richard Branson to a hater "lol wut i dont innovate? virgin happen to be building spaceships..motherfucker"

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Article of hate

http://www.guardian.co.uk/commentisfree/2011/nov/21/richard-branson-northern-rock

Last week, you, me and every other taxpayer in Britain each handed £13 to the billionaire Richard Branson. Not that we were told about this national whip-round. Instead, George Osborne claimed the heavily discounted sale of Northern Rock to the Virgin boss and a few of his chums represented "value for money". That's a funny way to describe a deal where taxpayers come out at least £400m poorer, but at least we now have an answer to that perennial pre-Christmas question of what to give the man who has everything.

And what do Team Branson plan to do with the Rock? Listen to Virgin Money chairman David Clementi's talk of creating "a significant banking competitor" and you'd have come away with wholesome impressions of commitment and investment. If you'd leafed through the FT this weekend, though, you'd have read about how the Virgin consortium will raid the business of its own cash to pay for the purchase – and then, as the chief investor, American financier Wilbur Ross, puts it: "We would hope to sell out a few years down the road." In other words, the business plan is to buy it cheap, strip it of assets – then flog it dear.

Response

http://www.guardian.co.uk/commentisfree/2011/nov/23/nonsense-virgin-success-dependent-on-state#post-area

Aditya Chakrabortty claims we have built Virgin on the back of "taxpayer subsidies and [by] operating heavily protected businesses" (Is Richard Branson all he's cracked up to be?, G2, 22 November).

This is, of course, complete garbage – 99% of our businesses have nothing to do with government at all and have been built in the face of ferocious competition. His article is vicious, claiming: "This is a picture of lazy British business." This is an insult to our 50,000 wonderful staff.

In an attempt to prove his thesis, he writes: "Virgin Radio and Virgin Mobile? Both granted government licences to operate in a heavily restricted market." Let's take each in turn. When we entered the mobile phone sector, as a direct result of the fact that we had not been granted any government licences, we used our skills to innovate and launched the world's first ever mobile virtual network operator by piggybacking on other people's networks.

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Can never hate on richie

He makes business look easy

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He does push boundaries and he gets away with it like many rich people do but he does do a lot of good things with his money . In the case of the bank i would have done the exact same things . Regarding buying northern rock i guarantee that the government will not make owning it easy for him

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max keiser was going in about this yesterday calling Cameron a slimy piglet and shit

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Rah was doing incentives for innovation and subsidies in uni today. How coincenidental

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Don't understand why we didn't hold on to the bank for longer and sell NR when it has become worth more. Branson just laughIng from his leather chair.

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from 6:52
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