tag:blogger.com,1999:blog-2249851329008146395.post1091900965639004487..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: Good question....Alice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2249851329008146395.post-18767126265894475352009-02-10T11:40:00.000-08:002009-02-10T11:40:00.000-08:00Yup, a great questioninterestingly, the (UK) stand...Yup, a great question<br><br>interestingly, the (UK) standards for risk-disclosure related to share-issues are far higher than those for annual reports & accounts<br><br>we may be nudging closer towards identifying <i>prima facie</i> criminal offencesNick Drewhttp://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-3005820273248488802009-02-10T12:10:00.000-08:002009-02-10T12:10:00.000-08:00"did they write anything down?"Certainly...<i>"did they write anything down?"</i><br><br>Certainly not, they knew it would only be used as evidence against them!Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-65585149694318409272009-02-10T15:15:00.000-08:002009-02-10T15:15:00.000-08:00This has the whiff of illegality and criminal char...This has the whiff of illegality and criminal charges about it. And there may be some shareholders angry enough to do something about it.Man in a Shedhttp://www.blogger.com/profile/00990902055642035293noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-13716379676110147862009-02-10T15:55:00.000-08:002009-02-10T15:55:00.000-08:00This is one of the reason traders were calling sho...This is one of the reason traders were calling short on HBoS. They were villified for it. Hugh Hendry said just tonight on Sky News (without directly referring to HBoS) that short selling can be a tool against companies that say one thing but do another, such as deceiving their shareholders or being suspected of fraud.Jnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-68487527889165301732009-02-11T01:18:00.000-08:002009-02-11T01:18:00.000-08:00As some others have observed, there are serious qu...As some others have observed, there are serious questions in the significant matter of market disclosure and director's obligations. It appears there were serious doubts about the prevailing business models' viability some while ago. Were the directors acting recklessly or negligently in respsect of company law? More to the point, should the directors have disclosed substantial adverese factors to the market in early October (as known, as elaborated by the Panorama program's timeline? If they argue being unaware to not have made disclosure, how could they have been other than guilty of negligent or reckless conduct. Sadly I am not a lawyer otherwise I'd have go. PCAndrewAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-89392898844116195272009-02-11T09:16:00.000-08:002009-02-11T09:16:00.000-08:00Um, was there anyone in the country who DIDN'T...Um, was there anyone in the country who DIDN'T believe this was a shameless tapping of bulltards for cash PRECISELY in order to allow for writedowns?Nick von Miseshttp://www.blogger.com/profile/03985951853422897135noreply@blogger.com