Joris
Anon OpinPrivate companies that sign contracts to deliver public services and then fail to do so should never be allowed to pay dividends to shareholders. A shareholder is a company owner. A company owner who takes public money, doesn't deliver, but takes profit, should be prosecuted.
Book
Je ne comprends pas@anon_opin It's almost as if limited liability companies were invented to allow that to happen legally.
Dodo@anon_opin makes absolute sense.
Mensch, Marina@anon_opin 100% agreed!
A cool crab wearing shades@anon_opin When you right you right.
Dan HattonI thought the standard-bearer offender, Thames Water, had come up with some accounting trick whereby it can pay "dividends that are not dividends", precisely in order to evade the similar legal principle that dividends can only be paid out of operating profits, not out of borrowed cash.
Kevin Karhan@anon_opin +9001%
I'd too be sued into insolvency as individual if I were to embezzle public funds, so it seems only fair to hold all the CxO's personally liable as well…
Mandelbroccoli@anon_opin and similarly, they ought to be forced to make good in their commitments - like road-repair companies should have to go back and fix their shit efforts at mending potholes for free until the work is at the standard it should have been in the first place