Originally Posted by
Atlantic Explorer
Bosses claim company is about to go bust, go to Government with a begging bowl in order to survive. Short time later, also ask for a commercial loan, Gov says no, then the company folds and the bosses blame the Gov for not giving them the money and claim the Gov are the bad guys and it’s not our fault!
Absolutely no way the Gov should be giving financial support given the available cash of the shareholders, as has been said, there’s a very good reason they’re not stumping up their own cash!
Branson saying this morning there are sound reasons why investors are not putting cash forward .......i bet there are !