A. Nothing apart from a few years.
- Both companies were/are long established businesses, at the top of their game.
- Both were managed by whizz-kid fly-boy management just before their collapses. See here for the Marconi fiasco and here for Barratts’.
- Both collapses were brought on by splurges of massive company expansion financed almost exclusively by debt at a time of overly optimistic stock market trading.
- Both fell rapidly in value, Marconi losing 99.5% of it’s value, Barratts so far has fallen by 91%.
The question is, why didn’t anyone at Barratts see this coming? The GEC-Marconi collapse wasn’t long ago. They are all supposed to be financial experts. People really are sheep.