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  LOL
  
  Yes, of course, helping your friends. Indeed, yes - those friends are the pension savers, the Stocks and Shares ISA savers and others who have money invested in funds run by UBS and Goldman Sachs etc....
  
  Yes folks - what Reg is under the illusion of as being massive self-interested firms actually run investment funds from which you, I and your granny benefit from. Be grateful.
  
  This really is a non-story of course - perhaps the Bow Group have not looked at what usually happens and are just after a bit of publicity and political kudos. As for JPM, they have their own agenda of course and experts will always disagree over flotation prices. It is not a science or even a matter of mathematics.
  
  The reality of flotations is such that share prices in a successful flotation will bounce.
  
  The Royal Mail bounce was peanuts compared to the Flitter bounce when that was floated a couple of weeks ago.....Was that some horrible City plot to deprive the original business owner, of course not.
  
  And, yes we should be glad because the 48% of shares still owned by the government will now have a real market price and that is a big bonus for taxpayers.
  
  As for John Major.... I would not trust his judgement on anything.
  
  This pathetic thread never gets any better.
  
  Now then Reg. Perhaps it is time to tell us exactly why you have some irrational fear and hatred of the City and financial institutions? Were you turned down for a job perhaps, or maybe sacked? Or more likely you know little about the subject and do not care about the truth, wanting only to point score and generate distrust in the biggest earner of overseas income the UK has that provided millions of jobs. That really is a bit sad.

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