Tuesday, 3 July 2012

Venture Capitalist Make Money out of Children in Care.




You have to say what is wrong with our society with venture capitalist and bankers stopping at nothing to make money for themselves.

But now the lowest form of trading has just come to light where private equity firms are making hue profits from the most vulnerable children in care which can only be allied to the Victorian times where we use children to sweep chimneys, these children have been sent to cares homes for protection and by private equity firms buying into the smaller care homes and fostering services their sums can be making up 500% profit in only 6 years according to the times.

What is worse is the cost cutting that is also going to the point that some children are being moved away from their families to the north of England where the cost of labour and cost of running these are cheaper

It’s a disgrace and these companies should be named and shamed along with the local authorities that use their services.

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