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    Not looking great for Crapita either.

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      1.5 billion of debts in a giant ponzi scheme.

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        And they fired the financial director after he said they shouldn't pay dividends because they were (?close to) insolvent - so they could pay increased dividends.

        They needed to pay increased dividends otherwise people might think there was something wrong with the company.

        The unctuous parading of their regret and crocodile tears which never went as far as actually admitting responsibility let alone guilt was truly repulsive.

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          Paying massive bonuses and dividends while screwing the pension funds. Some of these despicable vultures should be going to jail. And fucking new Labour are massively implicated in this typical free market pigs in a trough fiasco.

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            Ft reporting that Interserve an "outsourcing" company that has the contract for cleaning the London Underground and managing the Ministry of Defence estate is in crunch talks with 8 banks

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              Originally posted by Mr Beast View Post
              Paying massive bonuses and dividends while screwing the pension funds. Some of these despicable vultures should be going to jail. And fucking new Labour are massively implicated in this typical free market pigs in a trough fiasco.
              This is where Carillion were in 2010.

              https://carillionplc-uploads-shared....0-original.pdf

              Pre-tax profits 188m, and reducing its pension deficit. They must have got a fair bit of business of the government, which in some cases was likely poor value, but it's a bit harsh to blame New Labour for going tits up 7 years later.

              I like this from Simon Wren-Lewis.

              https://mainlymacro.blogspot.co.uk/2...ut-public.html
              Last edited by Tubby Isaacs; 09-02-2018, 21:34.

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                Actually this is exactly what you mean, isn't it? That these chancers got put on their way by New Labour. Apologies.

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                  Yes Tubbs. Absolutely no need to apologise.

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                    In tinpot-corrupt Shitain news, nice little new job for Serco man

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                      Serco "runs a prisoner escort service"....

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                        Interserve. Paying cleaners starvation wages obviously isn't working...

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                          More Interserve. For the time being...

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