Comments on: Job losses at Memory Lane Cakes? http://blog.jonathanmorganam.com/2009/12/14/job-losses-at-memory-lane-cakes/ “I'm conservative, but I'm not a nut about it.” (George HW Bush – US President 1988-1992) Sat, 29 Jan 2011 10:49:09 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Sarastro http://blog.jonathanmorganam.com/2009/12/14/job-losses-at-memory-lane-cakes/comment-page-1/#comment-131 Sarastro Mon, 21 Dec 2009 17:53:21 +0000 http://blog.jonathanmorganam.com/?p=113#comment-131 Um - the WAG provides equity for the employees to carry out an MBO? That sounds rather like nationalisation to me.... The problem with that, apart from ideological ones (certainly for me, and I suspect for Mr M!) is that it will neatly prove the old adage about the road to hell being paved with good intentions. Where does one stop? Today, Memory Lane. Tomorrow - who? If I run a small business in Cardiff, that is in trouble, should I get state aid? What about Bosch? What about bmibaby? Where does one stop? Um – the WAG provides equity for the employees to carry out an MBO? That sounds rather like nationalisation to me….

The problem with that, apart from ideological ones (certainly for me, and I suspect for Mr M!) is that it will neatly prove the old adage about the road to hell being paved with good intentions. Where does one stop? Today, Memory Lane. Tomorrow – who? If I run a small business in Cardiff, that is in trouble, should I get state aid? What about Bosch? What about bmibaby? Where does one stop?

]]> By: Mike Cridland http://blog.jonathanmorganam.com/2009/12/14/job-losses-at-memory-lane-cakes/comment-page-1/#comment-112 Mike Cridland Tue, 15 Dec 2009 18:35:56 +0000 http://blog.jonathanmorganam.com/?p=113#comment-112 Now that is a damn good idea Mam! why not jonathan? Now that is a damn good idea Mam! why not jonathan?

]]> By: valleysmam http://blog.jonathanmorganam.com/2009/12/14/job-losses-at-memory-lane-cakes/comment-page-1/#comment-111 valleysmam Mon, 14 Dec 2009 20:04:05 +0000 http://blog.jonathanmorganam.com/?p=113#comment-111 How about an employee buy out , the market is there It would save jobs and keep the products This is where WAG could help by providing the equity , much better than paying the dole How about an employee buy out , the market is there It would save jobs and keep the products
This is where WAG could help by providing the equity , much better than paying the dole

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