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Old 3rd August 2006 | 22:14
  #593 (permalink)  
Say again s l o w l y
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Joined: Mar 2000
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From: U.K.
I'm afraid that the only people who would be interested in JEM are asset strippers rather than anyone who would be willing to rebuild what could have been a fine company.

The investment needed to get the show back up and running to an acceptable standard is just too great a risk.

Why do it when for far less you could start from afresh with more modern machinery and not have the spectre of previous screw ups constantly bugging you?

Emerald's reputation (such as it was) is gone and there is little to no chance of ever getting it back. It would be far easier to start with a clean sheet.

I hope no-one is holding out any hope of it restarting, because the reality is that there is no real chance of that ever happening. Certainly not after this long.

KPMG are bean counters of the highest degree, their job is to maximise the return to the creditors (i.e the bank) and unfortunately they give as little thought to the welfare of previous employees as MOB did. They couldn't care less what happened to the folks that relied on the place for a salary.

Unfair and unpalatable but ultimately the truth.
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