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Originally Posted by Escapee
Oh, I stand corrected!
I didn't understand it was everyone elses fault bar ntl, it was obviously OK for Knapp his other kronies and other directors to fiddle the figures and deny there were any problems.
By the way Ignition, I have just been informed your little trick hasn't worked!  |
Poor old Escapee, I don't have any problem with him.
He's always come across as someone who just can't get over the fact that he was made redundant.
Probably thought the company wouldn't function without him and it ******es him off that they can.
Being made redundant can be quite a blow to some people, especially if in their opinion there are other less able people being kept on.
He always goes on about management in ntl being so bad etc etc, usually this only comes from his experience in the South Wales franchise.
ntl management are far from perfect, however they managed to steer the comapny from the brink of collapse to a company that at least has a future.
Yes they may have also brough the company to the brink of collapse but they were not alone in the telco industry to be caught out during this time.
ntl - Chapter 11
Global Crossing - Chapter 11
Worldcom - Chapter 11
Flag - Chapter 11
Energis - debt restructure
Telewest - debt restructure
Redstone - debt restructure
Omne - nearly went out of business, stopped building - bought by Wight cable
Atlantic - cease trading, assets bought by Gamma
186K UK - cease trading, assets bought by Hutchison
C&W - lost a fortune
There's probably more, so really ntl were not alone and have done well since. Knapp built the company, probably too fast and using other peoples money. (I lost a good few quid through the dissolution of my share options). but the company is still here, and although your sig says something about long knives etc. It will continue to be here. It may merge etc in the future but will continue to be.