SLATER: Not in Denmark Karen Jenkinson works as a cashier in esco's supermarket at Norinned, BIminghama. Last month a customer accused her of shortchanging. The company's storedetective immediately stepped in. Karen was ordered off the shop floor and into offices. She was promptly stripsearened different treatment was afforded Jim Slater, who made his fortune through another kind of stripping. In the take-over boom of the late Sixties he bought up firms cheap, sold off the unprofitable parts, and made a killing on the rest. For this 'asset stripping' he was praised as a financial genius by the press though he was probably called something else by the workers who got the sack.
Slater was the spirit of buccaneering the dismal world of the CaDILalIsm In British economy. When late last year it looked as ll nis paper money might collapse altogether, the Bank of England stepped in with a secret loan of £70 million the same Bank of England that withdrew support from the pound as soon as the seamen demanded a tew TO sectarian lunacy shown by the leaders of IS seem to assume that simply by beind