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Irony of ironies


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Siemens has announced, probably under pressure from the delectable Mr Mountebank that it is interested in a deal to maybe sort of buy Alstom.

OK, Mr M. has managed to get the Germans on board to keep out the Mericans. Or so he thinks.

Ironically though, Alstom, makers of fine TGV trains fought tooth and nail to keep Siemens fine TGV trains out of the Tunnel on the grounds that they were dangerous. Siemens won eventually. One wonders if they have forgiven.

Of course, if GM is shafted by this minority government, they will probably be reluctant to invest further funds in their research and development facility in Belfort, which will probably lead to job losses medium term.

Wonder what backhander Siemens have been promised.
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