chris at sw.oz.au
Wed Feb 18 15:21:48 EST 2004
On Wed, Feb 18, 2004 at 01:11:50PM +1100, Tim Lister wrote:
> because the real money in selling Telstra is the value of the backbone
> services, which deliver monopoly control to the people who own it.
> the retail services section is just a pile of over-hyped bum-fluff, not
> worth a brass razoo, that wouldn't sell.
And because the various urgers and spruikers in the financial sector
are keen to get their hands on the huge fees from a full privatisation.
If you want to be truly disgusted sometime, go and see how big the fees
were for T1 and T2...
On less political note, the other problem with structural separation are
the suckers^H^H^H^H^H^H^Hinvestors who bought the T1 and especially the
T2 securities. Nothing that a few $$$ can't fix I guess.
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