easy_rider911:

No, there wasn't even a hint of it. The Money Programme is a very well respected programme on the BBC. I think baseless conjecture alleging "some sort of typical British jealousy as always against Germans" is really beneath you and not representative of your usually valuable contributions here.



I cannot think how PAG could be mentioned in the same context as a hedge fund, by expert financial journalists. I've also read this analogy in the english language press and financial internet sites

Automobile companies have been investing/buying into each other since the beginning of the motor car everywhere in the world. That PAG were clever enough to buy into an undervalued (at the time) industrial jewel, this doesn't make them a speculative fund. IMO it is solid strategic thinking.



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It's not where you're going, it's how you get there that counts