Mr Bates vs The Post Office
Discussion
vaud said:
TGCOTF-dewey said:
An often repeated myth. One not remotely true of big multi-nationals.
In a big listed multinational, at least in very competitive industries the natural competitiveness places pressure on companies to be efficient. And if investors think that they aren't delivering enough value they will sell, apply pressure to the board (for larger institutional investors) or an activist investor will start to take a position (see Paul Singer et al) There are lots of incentives in publicly quoted companies to show "shareholder value" above all else. That does not always lead to "efficiency" at all and, in the end, can be ruinous. Look at what is going on at Boeing at the moment.
Boeing will survive because, like the banks, they will be bailed out by the mugs, sorry, the taxpayers.
There is a lot in common with VERY large corporations and publicly owned or managed entities. They are all too big to fail so end up being propped up or rescued by taxpayers when it all goes tits up.
According to the BBC – and it's probably come up on here before, apols if so – (quote): 'At the time of his (suicide) death, (Martin) Griffiths was being pursued for a supposed shortfall amounting to £100,000 at his Post Office branch in Cheshire. He had written to the Post Office that July about a £39,000 shortfall at his branch between February 2012 and May 2013.
'He was also being held culpable for losses from an armed robbery at his branch in May of that year.'
Unbelievable.
'He was also being held culpable for losses from an armed robbery at his branch in May of that year.'
Unbelievable.
Blackpuddin said:
'He was also being held culpable for losses from an armed robbery at his branch in May of that year.'
IIRC he was held culpable because he hadn't set the safe."The Post Office was also demanding Griffiths pay back £7,500 after an armed robbery at his branch for which he had been partly blamed because he had failed to follow certain security procedures, the inquiry heard."
TGCOTF-dewey said:
Unreal said:
AnotherClarkey said:
vaud said:
Unreal said:
I can tell you from very wide experience that it's just like you're seeing here in the NHS. They have an unshakeable belief they won't be found out. Bullies, incompetents and shysters dominate the ranks. This is a look behind the curtain.
Agreed. Most very large Govt departments and "institutions" 
vaud said:
Blackpuddin said:
'He was also being held culpable for losses from an armed robbery at his branch in May of that year.'
IIRC he was held culpable because he hadn't set the safe."The Post Office was also demanding Griffiths pay back £7,500 after an armed robbery at his branch for which he had been partly blamed because he had failed to follow certain security procedures, the inquiry heard."
Blackpuddin said:
mikeiow said:
then
What a top, top bloke Tim is.
Gladers01 said:
She seems to have a selective memory with 'Sorry' being the hardest word. All a little too late to apologise and not convinced the crocodile tears will help, you really couldn't make it up, what an awful state of affairs
An awful state of affairs that amounts to what ? Jail time for Vennells & Co ?Esquire said:
Gladers01 said:
She seems to have a selective memory with 'Sorry' being the hardest word. All a little too late to apologise and not convinced the crocodile tears will help, you really couldn't make it up, what an awful state of affairs
An awful state of affairs that amounts to what ? Jail time for Vennells & Co ?
Gladers01 said:
Blackpuddin said:
mikeiow said:
then
What a top, top bloke Tim is.
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