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Friday, October 07, 2011

RE: Government eyes alternative pubco reform

http://www.morningadvertiser.co.uk/Forums/News-Article-Comments/Government-eyes-alternative-pubco-reform/%28offset%29/10#567285

Whatever. There is no chance, whatsoever, that pubco's will reform. This is ludicrously obvious and one has to ask how MANY more strikes can there be before these has-been lumbering, useless meddling middle men, are declared out? Once and for all.

Apart from unshakable evidence that pubco's are completely recalcitrant, deaf and blind to stern direction by Select Committee and to threats from any quarter that they MUST change their ways, the pubcos are incapable of reform.

1) they don't want to reform
2) they can't reform - they are addicted to debt and can't reduce income without defaulting on payments.

Pubco's soon will be a bit of bad history

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