Written on: 08/12/2012
The chairman and his incapable cronies were sacked yesterday. The so called 'don' of turnaround business has failed and has subsequently been replaced by a real team of turnaround specialists. They will realise very soon that the failure of the whole company is down to the shocking middle management who have destroyed a viable company. Arrogance has cost this company dearly. The company has no way back and I fear administration is the only option.