Is it deja vu , or just me being an old fart ? I can't help thinking we've been here before ..... 30 years back with the Norton powered by a rotary engine , and then before that there was the Hesketh . [ I do hope his lordship was able to walk away from that unscathed , financially speaking . ] Talking of rotary engines , has anyone ever seen a Van Veen OCR racer ?
I invested in the Norton floatation back in the Rotary days - first time I have ever bought shares and the last I went in big too with £150
Just been told that Donington hall was rented from another company and did not belong to Norton motorcycles Ltd, but guess who owns the other company, yes SG himself, also they had bouncers at the doors to fend off angry customers for the last few days, what drives people to behave as SG does?, more than greed I think, probably some form of physcopathic behaviour, no empathy etc.
Probably more old-fartism here .... .... but who was that maggot that bust out British Home Stores , while sunning himself on a mega-yacht in Monaco ? Yer Norton fella has got that same whiff about him .... or not ? Maybe they took private lessons from Maxwell , or even his delightful daughter ?
Philip Green: things haven’t been sweet in his other ventures since: https://www.independent.co.uk/news/...etail-empire-rescue-attempt-cva-a8949396.html Looks like pension funds are a common theme.
It’s wasnt green who did that, it was the c*nt who took it on and stole all the cash. Selling vapour and nothing more. Exactly like Garner: cut from same cloth as most conmen
Aren’t pension funds an actuarial estimate? It’s like climate science: doom, gloom & worst case. At AA we had a surplus of 90m. 2yrs plater, after PE took over and realigned some of the founding and had new auditors and find managers reviewing, there was a 130m deficit so closed to all new starters. Funny that: the scheme made AA pay in 12% max; the new scheme 4% max
Didn’t realise Alcoholics Anonymous was that mature, just thought it was a load of piss heads discussing the merits of high strength tinnies.
Chasin the racin think El T started a thread on it. Whitman and McPint one defo worth a listen to. The Iddon one less so. I never know if Whit is marking it all up or throes things really happ[ended...!
Yes, Dominic Chappell took BHS from Philip Green and finished It off, but Philip Green probably wasn’t stripped of his Knighthood for services to commerce.
A lot of pensions went from fully funded to defecits with changes in the funding requirements and tax rules under Gordon Brown’s cash grab.
Yeah .... what a convenient word that is ! It kind of says it all really ...... we haven't nicked any money , we've just " realigned " it
Has anyone heard anything relating to Simon Skinner in this whole affair, must have known what was going on?
We'll see. I bet the bank doesn't lose any money. Heavies are no protection from a multi billion pound bank.
