Rudolph Hooker -- A Cunning Plan ?
The short fall in the AV(2010)PLC accounts is indeed serious if it is true. However, I can recollect several instances in the not too distant past, where public companies have used a similar ruse to extract grants from the government of the day.
This was often successful (think Railtrack) and resulted in a PLC giving dividends to shareholders whilst receiving extensive handouts from taxpayers. Not quite capitalism in action methinks.
Still it makes it easier for executives to achieve their targets and trouser substantial bonuses. 'Twas ever thus.
This was often successful (think Railtrack) and resulted in a PLC giving dividends to shareholders whilst receiving extensive handouts from taxpayers. Not quite capitalism in action methinks.
Still it makes it easier for executives to achieve their targets and trouser substantial bonuses. 'Twas ever thus.
