Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
11 September 2009
08:0028755#1
Ah! directors..that fine body of men and wimmin who keep our jobs safe and secure.. so that we can all sleep safely in our beds without fear of having our roof repossessed. Do you remember those more deferential days, when we all doffed our tweed caps to guys like these.."morning Sir George..how are the kids today Sir George"..."there all fine Wiggins!"
We knew our place then. Whether we were treated well we didnt really know but we relied on these guys for our jobs.
Whats changed in the modern era? Well not a lot..we dont quite doff our caps in the same way, as the unions came and saved our total humiliation. However the suspicion that directors were/are not all they were cracked up to be has grown over the years from a little acorn into a mighty oak. The newspapers nowadays are investigative and let us know the dark side regularly and often. So the rosy glow of cosy subservancy has vanished.
This brings me to the directors at MG Rover. A huge workforce were depending on these guys, they looked up to them, they thought their families were secure, so carried on working hard. These directors took over the firm for just £10 and strode out to save all the jobs amid cheers and flag waving. But no...it never came to pass...it was just a veneer.
The directors paid themselves well and shafted the humble workforce big time. The guys on the shopfloor kept on working at breakneck pace, thinking all was well, but all the profits were being skimmed. The directors paid themselves £42,000,000 pounds and the workforce went to the wall.
Guest 645- Registered: 12 Mar 2008
- Posts: 4,463
11 September 2009
08:1028756#2
PaulB
A case of asset stripping if ever I saw one...it would also appear that they dipped their hands into the pension fund.
There will be no police investigation according to today's TV news reports...Ah well anyone want to buy the Royal Mail...a bargain at £15....
I've just read that 'Mandy' has banned all of them from holding any Directorships in the future.
Marek
I think therefore I am (not a Tory supporter)
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
11 September 2009
11:2728773#3
not quite true about lord mandelson, he has asked the directors to ban themselves, therefore saving taxpayers money.
they are refusing so it looks like the government will be taking them to court.
Guest 645- Registered: 12 Mar 2008
- Posts: 4,463
11 September 2009
12:1128781#4
Not quite true Howard
Lord Mandelson has been quoted as saying " work has started to begin proceedings against the Directors...." known or referred to as the Phoenix Four.
Source: Routethemout...
Marek
I think therefore I am (not a Tory supporter)
Guest 674- Registered: 25 Jun 2008
- Posts: 3,391
11 September 2009
12:4528784#5
They should not be allowed to get away with this, court action should happen
jail them
Guest 645- Registered: 12 Mar 2008
- Posts: 4,463
11 September 2009
13:2528795#6
Keith
Surely the Police and CPS have to decide if there is a case to answer then a trial to hear all the evidence, then a verdict followed by ,if found guilty, a suitable punishment.
This 'aint' a Clint Eastwood movie with a lynch mob shouting 'Hang 'em High'
Innocent until proven guilty etc
Marek
I think therefore I am (not a Tory supporter)
Guest 674- Registered: 25 Jun 2008
- Posts: 3,391
11 September 2009
13:2728796#7
Yep your right Marek
that why i aint said hang em lol
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
11 September 2009
19:2628810#8
i saw a live interview with lord mandelson, and he clearly stated that he was awaiting a statement from the renegades.
Guest 645- Registered: 12 Mar 2008
- Posts: 4,463
11 September 2009
19:3828811#9
Howard
Would you care to step outside?
Marek
I think therefore I am (not a Tory supporter)