Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: melt

The Virgin Group is a privately held holding company. No shareholders to provide accountability. If Branson makes good on his pledge, I'll bet most of that money goes into his own alternate-fuel refinery and other "CGI" intitiaves that will end up making a profit. In other words, he is pledging money to himself and his own "for profit" business ventures.

Five years from now, we should pressure him to allow an external audit to see if he really did donate all of the profits from Virgin and how he spent that donation.


By the way, the look on Clinton's face is priceless. You can just tell what he thinks of Richard


22 posted on 09/24/2006 4:44:02 PM PDT by UglyinLA
[ Post Reply | Private Reply | To 1 | View Replies ]


To: UglyinLA
Virgin Group is to invest all future profits from airline and train businesses in reweable energy initiatives.

are these ventures even showing a profit NOW? The other airlines aren't. And it's pretty obvious rail doesn't fare too well either

31 posted on 09/24/2006 4:49:20 PM PDT by digger48
[ Post Reply | Private Reply | To 22 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson