Dylan Posted September 20, 2008 Share Posted September 20, 2008 (edited) Now that we're in a new world of more regulation, should single companies that are relied upon to provide essential services be forced to split up into smaller companies, much like AT&T was? Edited September 20, 2008 by Dylan Quote Link to comment Share on other sites More sharing options...
Injin Posted September 20, 2008 Share Posted September 20, 2008 Now that we're in a new world of more regulation, should single companies that are relied upon to provide essential services be forced to split up into smaller companies, much like AT&T was? Yes, starting with the government. Quote Link to comment Share on other sites More sharing options...
Elizabeth Posted September 20, 2008 Share Posted September 20, 2008 Yes. The FTSE 100 needs to be turned into the FTSE 400. FTSE100 is 80% of the value of publically listed stocks and next 150 is about 15% so I reckon that the FTSE 100 companies need to be chopped in 4 and made to compete with each others bits. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted September 20, 2008 Share Posted September 20, 2008 Well yes certainly with banks. They are making a Titanic monster of a bank with Lloyds TSB/HBOS which is a step in the wrong direction. Banks should broken up, so that if they fail it doesn't matter too much, and they should be made to get rid of their investment banking divisions. Seems crazy they have gambling divisions which have access to customers deposits. Perhaps we will see a re-emergence of local mutual societies? Quote Link to comment Share on other sites More sharing options...
tegan Posted September 20, 2008 Share Posted September 20, 2008 My thinking exactly. Nothing should be too big to fail. And if we have to live under big government then one of its jobs should be to stop companies becoming so big that their failure results in the destruction of civilisation as we know it. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted September 20, 2008 Share Posted September 20, 2008 nothing is permanent in this world, except change. Quote Link to comment Share on other sites More sharing options...
Elizabeth Posted September 20, 2008 Share Posted September 20, 2008 nothing is permanent in this world, except change. Yes but most change is generally deckchairs. Very little really ever changes. Quote Link to comment Share on other sites More sharing options...
Guest happy? Posted September 20, 2008 Share Posted September 20, 2008 nothing is permanent in this world, except change. Not when you need some for a parking meter Quote Link to comment Share on other sites More sharing options...
brumroccoco Posted September 20, 2008 Share Posted September 20, 2008 It is ironic that the reason HBOS was 'forced' to be taken over by LTSB rather than go to the wall, was because it was felt it was too big to fail. And the remedy? Create a bigger bank. Lovely Quote Link to comment Share on other sites More sharing options...
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