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Old 8th December 2006 | 12:59
  #37 (permalink)  
wombatatico
 
Joined: Aug 2006
Posts: 20
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From: America Baby! Yeah!
Perhaps someone could address what is truly amazing about this situation?

Never mind if said FO’s were in the wrong, perhaps they were, perhaps they weren’t. I truly do not know.

My concern is the utter hypocrisy of Cathay management. Albeit it should come as no surprise…

My concern is this: Why is it permissible for so many “A” scale captains to appropriate their rental scheme to properties that are registered in the name of ghost companies or relatives.

It’s a wonderful ploy. They utilize the rental scheme to pay off an additional mortgage via the guise of leasing from an independent landlord. All the while the money is going into a company that they or a relative essentially owns. How that is considered unworthly of a PW tirade is beyond me? What's even more interesting: it's not uncommon knowledge (forgive my grammar, I never went to "university"). I guess it's just another inconvenient truth...

Sooooo... Why have two “B” scalers been sacked while the old salts, many of them management, slyly place the XXK a month they are not legally entitled too into their own wallets, no questions asked?

Just curious…
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