"William Black" wrote ...

Oh come on.

Tata just bought British Steel.

Laxmi Mittal just bought Arcelor.

Let me know when an Indian buys US Steel...


Well, I suppose that as parlous a shape as they are in, US steel companies
sell at a far higher price than the rusting hulks of the once modest simply
deteriorated British steel industry. Just as the UK's automakers were sold
on the Sheriff's stoop to furriners, now you all are selling off the rest of
the patrimony

It's far easier to "make a bundle" in the US real estate market than by
purchasing US steel companies, and had you traveled in the US in recent
years to catch the smell of curry drifting from the owner's apartments in
all those small town motels, you might better appreciate the extent of
Indian investment