PPRuNe Forums - View Single Post - Will MY-TRAVEL go Bust ? (Merged)
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Old 18th Nov 2004, 10:53
  #34 (permalink)  
beardy
 
Join Date: Nov 2000
Location: UK
Age: 69
Posts: 1,407
Received 40 Likes on 22 Posts
Restructuring the balance sheet is in the best interests of all our stakeholders
I see, not especially in the interest of the shareholders, who probably thought that they were buying a share in the company. I may be wrong but, I understand that this restructuring takes the form of moving numbers from the negative column into the positive column and then paying everybody a little bit to agree. Robbing Peter to pay Paul springs to mind, but Peter is objecting.

My best wishes to all those who work for MYT. I believe that you will pull through, but in the future be aware of the mentality of your management.
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