Monday, Feb 23, 2009

Branson still waiting to swoop on bargain priced bank

Bloomberg: Virgin's Branson Sees Expansion Into Mortgages, Banking

Video interview with Branson on his Virgin Money plans.

Posted by mountain goat @ 06:12 PM (547 views) Add Comment

6 Comments

1. paul said...

Meh. He's still got the trains and space planes to sort out first.

Monday, February 23, 2009 07:04PM Report Comment
 

2. hpwatcher said...

I think he has missed the boat on this one.....moreover, what happens when his other businesses start to crumble?

Monday, February 23, 2009 07:06PM Report Comment
 

3. Sortofsilver said...

I think this guy is very clever. What are the government trying to get the banks to do? Start giving out mortgages but all the banks are reluctant to start which is leaving the government in a bit of a pickle. In walks Richard Branson saying he will start lending out piles of cash for mortgages they will bite his hand off and get the red tape out of his way.

Monday, February 23, 2009 09:25PM Report Comment
 

4. This comment has been removed as it was found to be in breach of our Blog Policies.

 

5. mdmick said...

There are things which Branson seems to own but actually has partial interests in. He is good on branding while someone else might be carrying the capital risk. So the fine detail as to risk needs to be seen.

Monday, February 23, 2009 10:34PM Report Comment
 

6. timmy t said...

hpwatcher said...I think he has missed the boat on this one.....moreover, what happens when his other businesses start to crumble?
If all his other companies fail, he will be safe in the knowledge that endless taxpayer bailouts will keep him in the lifestyle he knows and loves!!!

Monday, February 23, 2009 11:59PM Report Comment
 

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