An immensely rich man who sits on his butt atop a pile of lucre and berates low paid workers for their greed - that is a 'fat cat'.
Indeed, the term I'd use is far less mild.
With his share price at 1.90, and an IMF forecast of a further 20% drop in the stock market next week (down to 1.52) at what point does FR start to look highly attractive to a hostile takeover? How much would it cost a corporate raider to buy him out at 1.52 a share? With 51% the new owner has access to that pot of gold - 2 billion euro - or is it more? I hear 6 billion mentioned elsewhere!
I would imagine FR is starting to look very juicy to anyone with that kind of capital. Buy it up and assett strip it, you'd probably walk away with a few billion in cash. How hilarious would that be!
Micko - you better start spending money buying back your own shares soon sonny (he's obviously waiting until the price has really tanked before making the move).