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More than a quarter of their profits were being used to pay interest on loans taken out after years of decline. The management seem to do a good job of diverti
by kerrsclyde 7y ago
More than a quarter of their profits were being used to pay interest on loans taken out after years of decline.
The management seem to do a good job of diverting attention from the debts but the company was seriously badly managed, it was only a matter of time before it went bump.
That's not to mention the 2006 Carbon Monoxide poisoning incident which meant people like me resolved never to use the company again.
- barbegal 7y agoI think you mean a quarter of their revenue.