[lbo-talk] Billionaire Allen to invest in Bangladesh

Autoplectic autoplectic at gmail.com
Sat May 7 09:07:32 PDT 2005


On 5/7/05, uvj at vsnl.com <uvj at vsnl.com> wrote:
> Reuters.com
>
> Billionaire Allen to invest in Bangladesh
>
> Fri May 6, 2005
>
> DHAKA (Reuters) - The billionaire co-founder of Microsoft plans to spend $1.6 billion building Bangladesh power and fertilizer plants, marking the second-biggest investment into the poor but fast-growing nation.
>
> Paul Allen, the world's seventh-richest person according to Forbes magazine, will make the investment through Global Vulcan Energy International, a wholly-owned subsidiary of his personal investment vehicle, Vulcan Capital.

--------------------------

Gee, he just managed to suck $350million out of the WA legislature for his biotech fantasies rather than ponying up all the cash himself [with his rich friends] after pillaging same for stadiums and elections. No wonder he has so much cash available...........Socialism of costs/risks, corporatization of gains.................

-- "C'mon Mr. Krinkle, tell me why" [Primus]



More information about the lbo-talk mailing list