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Old 28th Sep 2009, 12:30
  #85 (permalink)  
Final 3 Greens
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You're advocating that a private firm can be closed down and shareholders done over plus thousands of staff thrown on the dole?
I don't think that Scumbag is suggesting illegal (insolvency type) asset stripping. Asset stripping - Wikipedia, the free encyclopedia, more that the company may be worth more de-merged.

For example look at the history of GEC and the subsequent decoupling of telent plc and the sale of other parts of the business to Ericsson.

I don't see why anyone should take offence at Scumbag's post, as

- the shareholders would be paid for their assets
- the employees have the opportunity to transfer under TUPE, where the business are sold on a 'going concern' basis

If BA continues to turn in business results like the recent ones, this may become a reality.

However, I hope not, what would be good for all of us is for BA to sort out it's internal problems and be a strong player, thus creating competition in the market.